This Retail Property is no longer advertised on LoopNet.com.

24491 Sandhill Blvd
Punta Gorda, FL 33983
Tire Kingdom: Punta Gorda, FL · Retail Property For Sale

Investment Highlights

  • 8% rent increase in 15 months increases unlevered return by 40 basis points. An additional initial term bump in 2030.
  • Positioned 32 miles north of downtown Fort Myers.
  • 3.0 MSF of retail, 1.4 MSF of office, 1.0 MSF of industrial, and 2,883 multifamily units within a 5-mile radius of the site.
  • This Tire Kingdom store is a proven location with a Year-Over-Year sales increase of 22%.
  • Located along Sandhill Boulevard (13,400 VPD), where it is feet from its intersection with Kings Highway (17,000 VPD).

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,638 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.90 AC
Zoning
PD
Frontage
114’ on Sandhill Blvd

Property Taxes

Property Taxes

Parcel Number
402306402003
Land Assessment
$552,697
Improvements Assessment
$737,445
Total Assessment
$1,290,142
  • Listing ID: 29981211

  • Date on Market: 11/6/2023

  • Last Updated:

  • Address: 24491 Sandhill Blvd, Punta Gorda, FL 33983

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