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1350 W. Cowboy Way, Labelle, FL, 33935

7-Eleven
$10,341,000

Key Information

Cap Rate
5.25%
Tot. SF
4,782
Lot Size
3 Acres
Year Built
2025
Term Remaining
±15 YRS
Type
Retail
NOI
$542,894

Highlights

  • 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 fullaccess along W. Cowboy Way.
  • ±3.00-acre parcel at the intersection of W. Cowboy Way and SR-29, a majortraffic 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 benefitsin 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 (IBISWorld).
  • 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 2027and reach 100,000 stores in 30 countries by 2030.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203