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7-Eleven 1021 Santa Barbara Blvd

2,880 SF Retail Building Cape Coral, FL 33991 $4,920,000 ($1,708/SF) 5% Cap Rate

Retail Space Florida Cape Coral 1021 Santa Barbara Blvd, Cape Coral, FL 33991

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,880 SF
Building Class
B
Year Built
2001
Price
$4,920,000
Price Per SF
$1,708
Cap Rate
5%
NOI
$246,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.17 AC
Zoning
C - General Commercial

Amenities

  • Pylon Sign

Links

1 of 1

Nearby Major Retailers

Crunch
CrossFit

PROPERTY TAXES

Parcel Number 24-44-23-C1-01027.0010 Improvements Assessment $961,385
Land Assessment $1,023,540 Total Assessment $2,735,478

PROPERTY TAXES

Parcel Number
24-44-23-C1-01027.0010
Land Assessment
$1,023,540
Improvements Assessment
$961,385
Total Assessment
$2,735,478
(972) 755-5205

Contacts

  • Listing ID: 33968067

  • Date on Market: 11/22/2024

  • Last Updated:

  • Address: 1021 Santa Barbara Blvd, Cape Coral, FL 33991

More public record information on 1021 Santa Barbara Blvd, Cape Coral, FL 33991

The Retail Property at 1021 Santa Barbara Blvd, Cape Coral, FL 33991 is currently available for sale. Contact Knipp Wolf Net Lease Group | Marcus & Millichap for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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1021 Santa Barbara Blvd, Cape Coral, FL for sale Building Photo- Image 1 of 5
1 Cape Coral
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7-Eleven | 1021 Santa Barbara Blvd
(972) 755-5205 x

7-Eleven | 1021 Santa Barbara Blvd

1/4

Vincent Knipp

(972) 755-5205

(972) 755-5205

Jake Stammen

(972) 755-5209

(972) 755-5209

Ryan Wolf

(970) 274-1689

(970) 274-1689

Salim Bhaidani

(972) 755-5314

(972) 755-5314

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