Inventory

Recently Closed

Property:              7-Eleven

City:                       Fort Myers, FL

Status:                  Just Closed

Price:                     $3,160,000

Cap Rate:              4.75%

Base Rent:             $150,123

Lease Type:           NN

Guarantor:            Corporate

Lease Term:          15 Years

Remaining:           15 Years

Increases:              10% Every 5 Years

Options:                 (6) 5 Year

Highlights

Rent increases during initial term

Brand new construction

New 15 Year NN Lease

S&P A- Credit Rating

Corporate Guarantee

Excellent location along US 41