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Firestone - Port Charlotte FL 24020 Beatrix Blvd 5,798 SF Retail Building Port Charlotte, FL 33954 $4,647,970 CAD ($801.65 CAD/SF) 5% Cap Rate
Investment Highlights
- 8 Years Remaining | Options To Extend | Scheduled Rental Increases
- Across From Publix Anchored Center | Dense Retail Corridor
- Near Signalized, Hard Corner Intersection | Interstate 75 Excellent Visibility & Access
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Punta Gorda MSA | Growing Submarket
- Strong Demographics In 5-mile Trade Area
Executive Summary
• 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
• 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
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,798 SF
Building Class
B
Year Built
2019
Price
$4,647,970 CAD
Price Per SF
$801.65 CAD
Cap Rate
5%
NOI
$232,265 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.05 AC
Zoning
PD - Planned Development
Parking
38 Spaces (6.55 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Number | 402306100013 | Improvements Assessment | $918,378 CAD |
| Land Assessment | $879,941 CAD | Total Assessment | $1,798,319 CAD |
Property Taxes
Parcel Number
402306100013
Land Assessment
$879,941 CAD
Improvements Assessment
$918,378 CAD
Total Assessment
$1,798,319 CAD
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Firestone - Port Charlotte FL | 24020 Beatrix Blvd
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