Karry's Automotive

Retail-Commercial for Sale
Catylist Listing ID: 30399718
Property Subtypes: Free-Standing Building, Vehicle Related
Building Size (RSF): 5,612 SF
Gross Land Area: 41,250 - 14,250 SF
Sale Price: $1,250,000
Unit Price: $222.74 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Karry's Automotive
Usable Size (USF): 5,612 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2019

Overview / Comments

Property consists of two corner parcels: (A) 0.6 acres at signalized intersection with 205 ft of frontage on Santa Barbara Blvd and 125 ft of frontage on SW 21st Street and (B) 0.35 acres with 125 ft frontage on SW 21st Street and 125 ft frontage on SW Santa Barbara Place. The main building on parcel A facing Santa Barbara Blvd has 5612 sf including a 7 bay WORKSHOP AREA, an 806 sf STORE DISPLAY AREA, and 390 sf OFFICE. Parcel B is auxiliary parking with a 450 sf FINISHED DETACHED CARPORT.

There is an existing tenant leasing the building. Rent schedule available on request.

This auto repair facility is located on Santa Barbara Blvd., a six lane major north-south traffic artery, which provides access to the entire city within a 15 minute drive. There are nearly four thousand businesses with about 30,000 employees within a 10 minute drive time of the property, including: 663 retail businesses; 433 finance, insurance, and real estate businesses, and 1490 service related businesses.

Cape Coral located in Lee County on the west coast of Florida. Cape Coral offers access to the waters of the Gulf of Mexico and beaches, like Sanibel Island and Fort Myers Beach. In 2017, Lee County hosted 5 million visitors who traveled to enjoy the beautiful beaches, tropical weather, breathtaking sunsets, wildlife preserves, and endless outdoor activities make the area a perfect place to visit, live and do business.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 264423C3030470320
Zoning: C-1
Retail Clientele: General
Property Located Between: SW 21st Street and SW 22nd Terrace on Santa Barbara Blvd
Property Visibility: Excellent
Largest Nearby Street: Santa Barbara Blvd
Feet of Frontage: 205
Traffic/Vehicle Count: 35,000
Site Description: At a signalized intersection, two corner parcels: (A) 0.6 acres at signalized intersection with 205 ft of frontage on Santa Barbara Blvd and 125 ft of frontage on SW 21st Street and (B) 0.35 acres with 125 ft frontage on SW 21st Street and 125 ft frontage on SW Santa Barbara Place.
Area Description: Prime retail area on major north-south traffic artery
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2002
Roof Type: Hip
Construction/Siding: Block
Interior Description: Large waiting area and office under air. Seven bay workshop with small office and inventory storage.
Lot Frontage: 205
Lot Depth: 125
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Property description: CAPE CORAL UNIT 62, BLK 3047 PB 21 PG 28, LOTS 29 THRU 36

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,503 73,953 157,451
Median Age: 41.66 44.32 44.98
Households: 4,043 29,726 64,987

Contact

Photograph of Listing Agent

Bruce S. Preble

Commercial Realty Specialists LLC
SWFLCA Member
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