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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
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
| Parcel Number | 402306402003 | Improvements Assessment | $737,445 |
| Land Assessment | $552,697 | Total Assessment | $1,290,142 |
Property Taxes
Parcel Number
402306402003
Land Assessment
$552,697
Improvements Assessment
$737,445
Total Assessment
$1,290,142
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