1011 Sumter Blvd North Port, FL 34287

This exceptional investment opportunity presents a fee-simple, absolute NNN lease on a 4,034 square foot 7-Eleven convenience store and gas station located at 1011 S Sumter Blvd, North Port, FL 34287. The property sits on 1.28 acres and boasts a strong corporate guarantee from 7-Eleven, ensuring consistent income. Built in 2002, the lease commenced January 23, 2002, and has a remaining term of 12.8 years, expiring August 31, 2037. The lease includes 10% rent bumps every five years and three five-year renewal options. The property currently generates a Net Operating Income (NOI) of $277,200, representing a 5.00% cap rate on the $5,544,000 asking price. Located in a rapidly growing area of Sarasota County, this 7-Eleven benefits from high visibility and significant foot traffic due to its proximity to other national retailers and new residential developments. The 100% occupancy since its opening further underscores the property's stability and potential for long-term appreciation. This is a rare opportunity to acquire a well-established, high-performing asset in a booming market. The property's strong financials, long-term lease, and prime location make it an ideal addition to any investment portfolio.