Auto Parts
Take 5 Oil Change / VIPcare
11551 Majestic Palms Blvd, Fort Myers, FL 33908
Listing Price: $4,150,000
Cap Rate
6.00%
Tenant Name
Take 5 Oil Change / VIPCare
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
4,830
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$51.55
Investment Overview
See OM
Investment Highlights
- INCREDIBLE LOCATION The subject property is location in the heart of Fort Myers, FL at a hard signalized intersection on San Carlos Blvd and an outparcel to a Super Target anchored power center.
- VERY ATTRACTIVE INCREASE STRUCTURE Take 5 Oil Change will have a new 15 year lease with 10% increases every 5 years paired with VIPcare on a new 10 year lease with 3% annual increases.
- STRONG PERFORMING TENANT MIX The combination of Take 5 Oil Change and VIPcare, two very profound and recognized operations, gives an investor an incredibly safe investment for years to come.
Exclusively Listed By
Financing By
Listing Price: $4,150,000
Cap Rate
6.00%
Tenant Name
Take 5 Oil Change / VIPCare
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
4,830
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$51.55
Investment Highlights
- INCREDIBLE LOCATION The subject property is location in the heart of Fort Myers, FL at a hard signalized intersection on San Carlos Blvd and an outparcel to a Super Target anchored power center.
- VERY ATTRACTIVE INCREASE STRUCTURE Take 5 Oil Change will have a new 15 year lease with 10% increases every 5 years paired with VIPcare on a new 10 year lease with 3% annual increases.
- STRONG PERFORMING TENANT MIX The combination of Take 5 Oil Change and VIPcare, two very profound and recognized operations, gives an investor an incredibly safe investment for years to come.
Investment Overview
See OM