2317 Skyline blvd - Auto Repair FOR SALE


Cape Coral, FL 33991- Hancock
$2,632,000 USD
813-683-5115
2317 Skyline blvd, Cape Coral, FL for Sale
$2,632,000 USD
Auto Repair - FOR SALE
1/8
null | 4.75% Cap Rate

2317 Skyline blvd
Cape Coral, FL 33991
Hancock


HIGHLIGHTS

  • New 20-Year Lease | Below Market Rent ($17.80 PSF) | Corporate Guaranty | Established Brand (1,200+ units)
  • Absolute NNN Ground Lease | 2025 Construction | Zero Landlord Responsibilities | No State Income Tax
  • Near Signalized Hard Corner Intersection (75,000 Combined VPD) |Excellent Visibility & Multiple Points of Access
  • Dense Retail Corridor | Surrounded by National Credit Tenants |Top Performing Home Depot | Nearby Publix Anchored Center
  • Strong Demographics in 5-Mile Trade Area | Population Growth |Fort Myers MSA (Cape Coral) | Six-Figure AHHI

OVERVIEW

• The tenant, Discount Tire, recently signed a brand new 20-year lease with 7 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years, generating NOI and hedging against inflation • Discount Tire is America’s largest independent tire and wheel retailer, with 25,000 employees, over 1,200 stores in 39 states, and annual revenue of $5.2 billion • Below Market Rent ($17.80 PSF) • Established Brand (1,200+ Units)

FOR SALE DETAILS

PRICE

$2,632,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Discount Tire - Cape Coral FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

C-1

APN/PARCEL ID

26-44-23-C4-01906.0200

ASK ABOUT THIS PROPERTY

Jarrett SlearSRS Real Estate PartnersMore Info
813-683-5115

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Jarrett SlearSRS Real Estate PartnersMore Info
813-683-5115

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.