Listed by Stonecliff
$4,876,380
7-Eleven - LaBelle, FL
Details
APN 2 29 43 01 010 0095-001.0
Property Type Retail
Sub Type Convenience Store
Square Footage 3,450
Units 1
Cap Rate 5%
NOI $243,819
Tenancy Single
Brand/Tenant 7-Eleven, Wawa
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 01/31/2036
Remaining Term 9.5
Rent Bumps Yes
Lease Options 4, 5-Year Renewal Options
Year Built 2021
Stories 1
Acreage 1.550
Lease Commencement 01/21/2021
Ground Lease No
99TH PERCENTILE STORE | FEATURES 3 DIESEL LANES | 2021 CONSTRUCTION
Investment highlights
- Qualifies for 100% Bonus Depreciation
- Top Performing Store: The property ranks in the 99th Percentile across all stores nationwide
- Low Rent: Lower than average rent for a 7-Eleven featuring Diesel Lanes
- Absolute NNN Lease: Zero Landlord Responsibilities
- Attractive Rent Growth: Scheduled 10% increases every 5 years
- Signalized Hard Corner with Strong Traffic Exposure: Strategically located at the signalized intersection of Cowboy Way and SR-29 (±22,800 VPD), one of LaBelle’s primary thoroughfares, providing excellent visibility, access, and consistent daily traffic flow
- Positioned Within LaBelle’s Primary Retail Corridor: Surrounded by national and regional retailers including Winn-Dixie, McDonald’s, Burger King, Taco Bell, Popeyes, Family Dollar, Advance Auto Parts, and AutoZone, driving strong consumer traffic and reinforcing the site’s long-term retail viability.
- Proximity to LaBelle Airport & Local Demand Drivers: Located within one mile of LaBelle Airport, the property benefits from nearby employment activity, transient traffic, and continued growth within the immediate trade area
- Large-Format 7-Eleven with Diesel Infrastructure & Upside: Situated on ±1.55 acres, this second-generation 7-Eleven features three high-speed diesel lanes and operates at below-market rental rates for comparable diesel locations, presenting a compelling opportunity for future income growth
Listing Contacts
Listed by Stonecliff
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$243,819.00
$20,318.25/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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