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24020 Beatrix Blvd
Port Charlotte, FL 33954
Firestone - Port Charlotte FL · Retail Property For Sale
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
$3,400,000
Price Per SF
$586.41
Cap Rate
5%
NOI
$169,902
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
Property Taxes
| Parcel Number | 402306100013 | Improvements Assessment | $671,707 |
| Land Assessment | $643,594 | Total Assessment | $1,315,301 |
Property Taxes
Parcel Number
402306100013
Land Assessment
$643,594
Improvements Assessment
$671,707
Total Assessment
$1,315,301
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