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INVESTMENT HIGHLIGHTS
LEASE TERM: Shell Gas & Daybreak Market has 16+ years remaining on its Absolute NNN Lease with two (2), 5-year renewal options. The lease calls for attractive 7.5% rent increases every five years throughout the primary lease term and at the start of each renewal option providing a steady increase in income and an attractive hedge against inflation.
ZERO LANDLORD RESPONSIBILITIES: Shell Gas & Daybreak Market has an Absolute NNN Lease and requires zero landlord responsibilities. The tenant is solely responsible for all service, maintenance, repairs, and replacements, making it an attractive investment for the passive real estate investor.
STRONG GUARANTOR: The Property features a personal and franchisee guaranty with Hani Baskaron, the CEO and majority owner of Daybreak Markets, and Daybreak C-Store Holdings, LLC.
STRATEGIC RETAIL LOCATION: Shell Gas Station & Convenience Store is strategically located at the signalized intersection of Gladiolus Drive (SR 865) and Summerlin Road, two of the area’s heavily traveled commercial and commuter corridors. The Property is surrounded by densely populated residential neighborhoods and is convenient to national and local retailers and restaurants that drive traffic to the area. The Property is 1.5 miles from S Tamiami Trail (US Route 41), 2.5 miles from SR 739, and 8 miles from Interstate 75. The Property also benefits from proximity to the shoreline and area beaches, Downtown Fort Myers and Southwest Florida International Airport.
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