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2977A Cleveland Ave
Fort Myers, FL 33901 Palms

Price Upon Request

Convenience Store For Sale  •  3,010 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 3,010 SF
  • Lot Size 2.38 AC
  • Building Class C
  • Year Built 2019
  • Tenancy Multiple
  • Zoning C1
0 Transit Score
63 Walk Score

Highlights

Long-Term Net Lease: 7-Eleven has 9+ years of base term remaining and six 5-year options with 10% increases every five years
Wells Fargo ATM Provides Additional Income Stream: The ATM lease creates a secondary, stable rent source from a nationally recognized credit tenant
Bloom Residential Development: 336 units with 500+ estimated residents that will drive business to the 7-Eleven and ATM (see page 16)
High-Traffic Corridor: Combined traffic counts of over 52,800 VPD
Bonus Depreciation: may allow investors to accelerate deductions and improve after-tax returns (consult your tax professional)
Tax-Free Florida

Major Tenants

Tenant SF Occupied Lease End Date
Mobil
Wells Fargo

Public Transportation

AirportDriveWalkDistance
Southwest Florida International 24 min - 13.3 mi
Punta Gorda 37 min - 24.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 19
Type: Surface
Included in Rent: Yes