8130 Gladiolus Dr - Convenience Store FOR SALE


Fort Myers, FL 33908- Cypress Lake
$2,525,000 USD
813-697-1255
8130 Gladiolus Dr, Fort Myers, FL for Sale
$2,525,000 USD
Convenience Store - FOR SALE
1/9
null | 5.74% Cap Rate

8130 Gladiolus Dr
Fort Myers, FL 33908
Cypress Lake


HIGHLIGHTS

  • Long Lease Term
  • Attractive Rent Increases
  • Zero Landlord Responsibilities
  • Strong Guarantor
  • Strategic Retail Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single-tenant, net-leased Shell Gas Station & Daybreak Market (Convenience Store) located at 8130 Gladiolus Drive in Fort Myers, Florida (“the Property”). The Property consists of a 2,390 square foot freestanding building, a 1,320 square foot freestanding car wash, and 16 fueling stations on a 1.85-acre corner lot. Daybreak Market & Shell Gas Station has 16+ years remaining on its Absolute NNN Lease with two (2), 5-year renewal options. The lease calls for attractive 7.5% increases in rent every five years throughout the primary lease term and at the start of each renewal option. Shell Gas Station & Daybreak Market is prominently located at the signalized intersection of Gladiolus Drive (SR 865) and Summerlin Road, two of the area’s primary commercial and commuter corridors with high daily traffic counts. The Property benefits from strong visibility and accessibility in the Cypress Lake neighborhood. The Property is positioned between Downtown Fort Myers and the area’s waterfront communities and enjoys convenient access from both. The Property is surrounded by dense residential neighborhoods with numerous apartment complexes and single-family homes offering a steady and reliable customer base throughout the day. The Property is also convenient to national retailers and restaurants, area schools, and countless hotels that provide consistent vehicular and pedestrian traffic.

FOR SALE DETAILS

PRICE

$2,525,000 USD

PRICE/SF

$681 USD /SF

CAP RATE

5.74%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Daybreak Market & Shell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

CC

APN/PARCEL ID

34-45-24-16-00000.0010

ASK ABOUT THIS PROPERTY

Chris KingHorvath & TremblayMore Info
813-697-1255

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Chris KingHorvath & TremblayMore Info
813-697-1255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.