NNN Investment

Retail-Commercial for Sale
Catylist Listing ID: 30043279
Property Subtypes: Mixed Use, Other
Building Status: Under Construction
Building Size (RSF): 3,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.77 Acres
Sale Price: $954,814
Unit Price: $318.27 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/16/2019

Overview / Comments

Freestanding retail building on Palm Beach Boulevard, currently leased by credit
tenant Capital Pawn. The property is fully-leased on a NNN lease with lengthy and
favorable remaining terms. Capital Pawn was founded in 1990 and has 18 stores
in 4 states including Florida, Alabama, Louisiana, and Mississippi. 12 of the
company’s 18 locations are in the state of Florida.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 04442504000268100
Zoning: C1 - COMMERCIAL (LEE COUNTY)
Year Built: 1981

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,683 33,403 92,695
Median Age: 30.11 40.38 40.49
Households: 2,332 12,769 36,451

Contact

Photograph of Listing Agent

Dave Wallace, CCIM, SIOR

CRE Consultants SWFLCA Member
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