24020 Beatrix Blvd - Auto Repair FOR SALE


Port Charlotte, FL 33954
$3,400,000 USD
954-302-7365
24020 Beatrix Blvd, Port Charlotte, FL for Sale
$3,400,000 USD
Auto Repair - FOR SALE
1/11
null | 5% Cap Rate

24020 Beatrix Blvd
Port Charlotte, FL 33954


HIGHLIGHTS

  • 8 Years Remaining | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Across From Publix Anchored Center | Dense Retail Corridor
  • Punta Gorda MSA | Growing Submarket
  • Near Signalized, Hard Corner Intersection | Interstate 75 Excellent Visibility & Access
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

• Firestone Auto Care corporate signed lease • 8 years remaining with 5 (5-year) option periods to extend • The lease features 5% rental increases every five years, gradually increasing NOI and providing a hedge against inflation

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$586 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Firestone - Port Charlotte FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

PD

APN/PARCEL ID

40-23-06-100-013

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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