1021 Santa Barbara Blvd - Convenience Store FOR SALE


Cape Coral, FL 33991
$4,920,000 USD
972-755-5205
1021 Santa Barbara Blvd, Cape Coral, FL for Sale
$4,920,000 USD
Convenience Store - FOR SALE
1/4
null | 5% Cap Rate

1021 Santa Barbara Blvd
Cape Coral, FL 33991


HIGHLIGHTS

  • Absolute Net Lease with 10 Years Remaining
  • Signalized Hard Corner of Santa Barbara Boulevard and Nicholas Parkway (35,592 VPD)
  • More Than 172,465 Residents and 140,415 Employees Within a Five-Mile Radius
  • Large 1.17 Acre Parcel with Ample Parking and Multiple Access Points

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease 7-Eleven in Cape Coral, FL. The property consists of a 2,880-square-foot, freestanding building that sits on approximately 1.17 acres of land. There are 10 years remaining on the lease with 3 rental increases every 5 years.

FOR SALE DETAILS

PRICE

$4,920,000 USD

PRICE/SF

$1,708 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

C

APN/PARCEL ID

24-44-23-C1-01027.0010

ASK ABOUT THIS PROPERTY

Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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