(8% CAP RATE!) - CAPE CORAL SUNOCO GAS STATION & (A+ PLUS) C-STORE (20-YEAR PURE NNN LEASE)

Absolute NNN Retail Investment | 7.6% In-Place Cap Rate | 100% Bonus Depreciation Eligible

Location: Del Prado Blvd S, Cape Coral, Florida 33904

Price: $3,990,000

Building Size: 2,900 SF | Year Built: 1986 (Full 2026 Remodel)

Executive Summary: A Passive, Tax-Advantaged Florida Asset

Secure a high-performing piece of Southwest Florida real estate with this fully remodeled, 4-pump Sunoco Gas Station and signature "A+ Plus" convenience store. Located in the heart of downtown Cape Coral, this asset is a premier choice for investors seeking a "hands-off" income stream.

Strategically positioned for maximum tax efficiency, this site is eligible for 100% Bonus Depreciation, offering a massive immediate tax advantage for the savvy buyer. With a brand-new 20-year absolute NNN lease set to commence at closing, this property provides long-term security in one of the fastest-growing cities in the United States.

Unmatched Location & High-Traffic Dynamics

This Sunoco station is situated on Del Prado Blvd S, a primary arterial thoroughfare that connects downtown Cape Coral directly to Interstate 75.

• Massive Traffic Counts: Boasting an AADT of 51,000, the site benefits from a constant flow of local and commuter traffic.

• Retail Synergy: The property is surrounded by major national anchors including Walmart, Publix Supermarket, and Domino’s Pizza, ensuring the location remains a daily destination for the community.

• Prime Demographics: Cape Coral is the largest city between Tampa and Miami and the 9th largest in Florida, providing a robust and growing customer base.

The Lease: 20 Years of Guaranteed Passive Income

This is a Pure Triple Net (NNN) Lease, making it the perfect "mailbox money" investment. The tenant handles 100% of the responsibilities, including property taxes, insurance, maintenance, utilities, and all capital repairs (Roof & Structure).

• Initial Term: 20 Years (Commencing 2026).

• Rental Growth: 10% rent escalations every 5 years to hedge against inflation.

• Renewal Options: Two (2) 5-year options to extend.

• Annual Income: Starting at $302,400 per year ($25,200/month).

• Corporate Guarantee: Fully guaranteed by a seasoned operator with over 36 years of experience and a portfolio of 68+ locations across Florida.

Financial Growth & Explosive Cap Rate Upside

This investment offers one of the most aggressive yield curves available in today’s NNN market:

• In-place Cap Rate: 7.6%

• 2031 Projection: 8.3%+ Cap Rate

• 2036 Projection: 9.0%+ Cap Rate

• Final Years Projection: 11.3%+ Cap Rate

• Average Yield: A remarkable 9.3% average cap rate throughout the primary lease term.

Comprehensive 2026 Renovations & Modernization

The property has undergone a complete top-to-bottom transformation, significantly enhancing its intrinsic value and reducing future CAPEX for the owner. Recent upgrades include:

• Exterior: New roof, new HVAC system, new Sunoco canopy, parking lot updates, and a custom Sunoco paint scheme.

• Technology: Brand-new hi-tech pumps, new pylon signage, and a state-of-the-art security system.

• C-Store Interior: A fully redone "A+ Plus" food mart featuring new walk-in coolers, drink machines, and high-end equipment for hot food sales.

• Environmental: Clean environmental reports (Phase 1/2) for buyer peace of mind.

Why Invest in Cape Coral, Florida?

Florida continues to lead the nation in population growth and business-friendly tax policies. This Sunoco station offers a rare combination of high yield (7.6% start), a stable 20-year term, and the unique tax benefits of gas station depreciation. Whether you are a local investor or an out-of-state buyer looking for a secure 1031 exchange replacement, this asset is positioned to outperform the market for decades.

Opportunities with this level of security and rental upside are rare. Contact us today for the full Offering Memorandum.