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1503 S McCall Rd 4,400 SF 100% Leased Retail Building Englewood, FL 34223 $565,000 ($128.41/SF) 7.40% Cap Rate
Investment Highlights
- New five-year sale-leaseback leases on all three properties deliver immediate, predictable cash flow from day one
- Two five-year renewal options allow the tenant to extend occupancy up to 15 years, supporting long-term income stability
- NNN leases require the tenant to pay taxes, insurance, and maintenance, minimizing landlord responsibilities
- 2% annual rent escalations drive built-in income growth over the lease term and enhance long-term property value
Executive Summary
Ownership will consider offers for the portfolio in its entirety or individual property acquisitions.
McCall Road is Englewood's main commercial corridor, providing strong visibility, convenient access, and excellent connectivity throughout Sarasota and Charlotte Counties.
The area is supported by a rapidly growing retiree population, creating long-term demand for medical and healthcare services.
Established retail, residential growth, and strong traffic counts make the corridor an attractive location for healthcare providers.
McCall Road is Englewood's main commercial corridor, providing strong visibility, convenient access, and excellent connectivity throughout Sarasota and Charlotte Counties.
The area is supported by a rapidly growing retiree population, creating long-term demand for medical and healthcare services.
Established retail, residential growth, and strong traffic counts make the corridor an attractive location for healthcare providers.
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,400 SF
Building Class
C
Year Built
1974
Price
$565,000
Price Per SF
$128.41
Cap Rate
7.40%
NOI
$41,783
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.27 AC
Zoning
CG - Commercial
Parking
10 Spaces (2.27 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 412006402004 | Improvements Assessment | $288,073 |
| Land Assessment | $68,927 | Total Assessment | $357,000 |
Property Taxes
Parcel Number
412006402004
Land Assessment
$68,927
Improvements Assessment
$288,073
Total Assessment
$357,000
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