7-Eleven for Sale in LaBelle, FL
LaBelle, FL
Key Investment Metrics
Price
$4,876,380
Cap Rate
5.0%
Net Operating Income
$243,819
Building Size
3450 SF
Land Area
1.55 Acres
Remaining Term
9.5 years
Lease Expiration
01/31/2036
Lease Term
15 years
Lease Commencement
01/21/2021
Lease Type
Absolute NNN
Year Built
2021
Tenancy
Single
Rent Increases
10% Every 5 Years in Primary and Options
Property overview
7-Eleven in LaBelle
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 3,450 SF
- Land area
- 1.55 acres
- Year built
- 2021
- Lease type
- Absolute NNN
- Lease expiration
- 01/31/2036
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.