Azar Rug Gallery

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30318380
Property Subtypes: Free-Standing Building, Street Retail
Status: Pending
Building Size (RSF): 10,000 SF
Gross Land Area: 0.94 Acres
Sale Price: $2,600,000
Unit Price: $260 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Azar Rug Gallery
Usable Size (USF): 10,000 SF
Sale Terms: Cash to Seller
Last Updated: 4/15/2019

Overview / Comments

Let's help the owner retire! Having built this freestanding retail showroom in 2001 with excellent exposure and visibility to US 41, the owner would like to retire from the retail business. He is offering this 10,000 sf building for sale or for lease. The building is flexible, divided into three sections- 2500 SF of showroom connected to a central 5000 SF showroom and a separate, but easily joined, 2500 SF of unfinished grey shell space. You can buy the entire building or lease all or a portion: 2500 SF, 5000 SF, 7500 SF or the entire 10,000 SF. Pass through expenses for a lease are estimated at $6.00 per square foot. Owner would like to stay a few months to liquidate merchandise, so a delayed closing is fine.
Fronting US 41 in Bonita Springs, just north of the Collier/Lee County line and North Naples. Great access to and I-75 via Bonita Beach Road.
Check out the 3D Virtual Tours! First Virtual Tour link is for the 7500 SF of retail showroom. The Virtual Tour Link 2 is for the 2500 SF of unfinished grey shell space (currently used for storage and mostly cleaned out now).

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 044825B3029000010
Zoning: CC
Retail Clientele: General, Family, Business, Tourist
Property Located Between: Old 41 Road and Bonita Beach Road on US 41
Property Visibility: Excellent
Largest Nearby Street: Bonita Beach Road
Feet of Frontage: 146
Traffic/Vehicle Count: 32,500
Highway Access: Easy access to I-75 via Bonita Beach Road to the north. About 12 minutes to I-75.
Site Description: .94 acre parcel with 40 parking spaces and cross-shared parking with adjacent properties.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,000 SF
Property Condition: Good
Year Built: 2001
Roof Type: Arched
Construction/Siding: Block, Stucco
Exterior Description: Exterior recently re-painted.
Total Parking Spaces: 40
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,131 43,750 86,285
Median Age: 55.45 51.51 52.38
Households: 3,995 19,904 40,312


Photograph of Listing Agent

Ed Boeder

SWFL Properties, LLC
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