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10530 Stringfellow Rd 2,040 SF 100% Leased Retail Building Bokeelia, FL 33922 $1,989,000 ($975/SF) 3.76% Cap Rate



Investment Highlights
- 10530 Stringfellow Rd is available near a highly trafficked intersection that sees 8,581 cars per day.
- The presence of multiple tenants also with a diverse range of businesses, which can help attract a wider range of customers.
- With six tenants already in place, the space is likely to be a profitable investment. Buyers can also look for opportunities to attract new tenants an
- The high traffic intersection for businesses looking to attract customers who may be passing through the area or commuting to work.
Executive Summary
LAND VALUE SALE. Across from Circle K, best location, MOST PROFITABLE AREA. Area has little to no competition nearby. Excellent location of Gas Station. Highest Traffic count in area. Population over 10 thousand during season approximately 15 thousand. Busiest intersection. Pine Island Rd and Stringfellow. Across street from highest producing Circle K. Fully occupied by 7 tenants.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,040 SF
Building Class
B
Year Built
1964
Price
$1,989,000
Price Per SF
$975
Cap Rate
3.76%
NOI
$74,860
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
0.65 AC
Zoning
C-1, Bookeelia - Commerical
Parking
14 Spaces (6.86 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Storage Space
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 28-44-22-02-0000A.0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $215,370 |
Property Taxes
Parcel Number
28-44-22-02-0000A.0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$215,370
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10530 Stringfellow Rd
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