Sands Commercial Group
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(2) New Industrial Buildings Off Of Colonial Blvd.
(2) New Industrial Buildings Off Of Colonial Blvd.
Featured Listing

INVESTMENT PROPERTY NATIONAL TENANT

11100 Summerlin Square Drive
Fort Myers Beach, FL 33931

Property ID: 1514
Price: $975,000.00 ($134.30 PSF)
Lease Rate: NNN

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INVESTMENT PROPERTY NATIONAL TENANT
INVESTMENT PROPERTY NATIONAL TENANT
INVESTMENT PROPERTY NATIONAL TENANT
INVESTMENT PROPERTY NATIONAL TENANT
INVESTMENT PROPERTY NATIONAL TENANT
Listing Description

Price Reduced! This automobile service facility (Tuffy Auto Service Center) has 6 years remaining on its lease, with (2) two (5) five year renewal options.  A second unit with 3,360 SF is currently vacant and available for lease. 

Projected net operating income indicates an overall capitalization rate of 9.6%.

 

Area Description

The property faces the heavily traveled Summerlin Road, just East of San Carlos Blvd. Access is made by turning south on Pine Ridge Road, and turning west (right) onto Summerlin Square Drive. Sanibel Island and Fort Myers Beach are just a few minutes away.

Lease Description

Tuffy Auto Service and luxury car sales facility is located in Southwest Florida. Tuffy lease expires February 2016, with two, 5 year renewal options.

Additional Information
Property Group: Investment
Year Built: 2001
Lot Size: 1.02 +/- Acres
Building Size: 7,260+/- SF
Strap Number: 07-46-24-00-00005.1040

Cap Rate: 9.6%
Additional Files
1. Brochure
2. Property Package
Agent Info
Name: Paul Sands
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