Prime Location and Accessibility
- Positioned at a hard-corner, signalized intersection of W. Cowboy Way and Palm Beach Blvd (SR-80) in LaBelle, FL (combined 14,800 VPD).
- Direct ingress/egress from SR-80 via a dedicated deceleration lane, plus full access along W. Cowboy Way.
- ±3.00-acre parcel at the intersection of W. Cowboy Way and SR-29, a major traffic corridor.
- Newly built (2025) prototype 7-Eleven with fueling facilities.
- ±4,782 SF convenience store with 7 dispensers and 14 fueling stations, including 3 high-speed diesel bays.
- Nearby demand drivers include Hendry Regional Medical Center, Walmart Supercenter, LaBelle High School, and several housing communities.
Lease and Tenant Structure – Long-Term, Secure Cash Flow
- Corporate lease guaranteed by 7-Eleven, Inc. (S&P “A” rating).
- 15-year base term beginning April 1, 2025.
- Absolute NNN lease: No landlord responsibilities.
- Scheduled 10% rent escalations every five years, including option periods.
- Four renewal options of five years each.
- Onsite food concepts: Laredo Taco and Roost Chicken and Biscuits.
- Fee simple ownership supports accelerated and bonus depreciation benefits in 2025.
Market Fundamentals – Growing Trade Area
- More than 25,000 residents within a 5-mile radius.
- LaBelle recognized as one of Hendry County’s fastest-growing suburban communities.
- Average household income: $71,300 within five miles.
- Local economy strengthened by agriculture, logistics, and construction industries.
- Excellent connectivity to Fort Myers, Naples, and the Southwest Florida economic region.
Tenant Strength – Category Leader
- 7-Eleven holds 8.5% U.S. market share and 35.5% of industry revenue (IBIS World).
- Operates 13,000+ stores across the U.S. and Canada, 83,700+ globally.
- 2024 revenue: $81.46 billion.
- Ranked #261 on Forbes Global 2000 (2022).
- Parent company Seven & i Holdings aims to double U.S. store count by 2027 and reach 100,000 stores in 30 countries by 2030.