For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Property Available For Sale Title is generated by Realmo AI

    270 Beth Stacey Blvd, Lehigh Acres, FL

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Retail property for sale or lease in Lehigh Acres, FL.

    Type:RETAIL
    Property size:
    7,245 SF
    Lot size:
    1.73 Acres
    Price / SF:
    $165/SF
    Added:
    May 25, 2023
    Days on Market:
    1114
    Last Refresh:
    May 20 at 8:52 pm

    Property Features for 270 Beth Stacey Blvd

    General Information

    Standard status
    Active
    Size
    7,245 SF
    Lot size
    1.73 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Theresa Blauch-Mitchell, CCIM
    Theresa Blauch-Mitchell, CCIM

    Listing agent Theresa Blauch-Mitchell, CCIM License ##BK3202944

    Listing office Sperry Commercial | The Signature Group

    Listing date May 25, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Sperry Commercial | The Signature Group

    HighLights

    • Property is available for sale.
    • Currently operating as an indoor flea market.
    • Flea market spots available for lease.
    • Landlord will consider leasing to a single tenant.
    • Habla Espanol (Spanish spoken).
    • Call Theresa for details.

    Overview

    This 7,245 square foot retail property is currently operating as an indoor flea market. Flea market spots are available for lease. The landlord will consider leasing the property to a single tenant. The property is also available for sale.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $140.0k $19.32
    − Vacancy −$4.2k −$0.58
    EGI $135.8k $18.74
    − OpEx −$40.7k −$5.62
    NOI $95.0k $13.12
    7,245 SF · lease $19.32/SF/yr · vacancy 3.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.36M
    $1.19M – $1.58M (±1% cap)
    NOI $95,042 @ 7.0% cap · market cap 7.92%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.28M
    $2.00M – $2.66M (±1% cap)
    NOI $159,622 @ 7.0% cap · market cap 13.30%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Carlitin Tire Corp ... (Bike/Boat/Book/etc) Store Juan Ramos Appliances Electronics & Wireless Store Sparky's computer sales ... Computer & Electronic Repair The One And Only Lehigh ... (Bike/Boat/Book/etc) Store EL PATRON Pet ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Envy Flower Delivery - Lehigh Acres FL — 1225 Homestead Rd N, Lehigh Acres, FL 33936
    • Westminster Florist — 50 Westminster St N, Lehigh Acres, FL 33936

    Location Insight

    • Map
    • Local Demand
    City
    Lehigh Acres
    County
    Lee
    State
    Florida
    Longitude
    -81.6535
    Latitude
    26.6086

    FAQs

    What type of property is this?
    Storefront property - Retail property for sale or lease in Lehigh Acres, FL.
    Where is this storefront property located?
    The property is located at 270 Beth Stacey Blvd Lehigh Acres, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Property is available for sale.; Currently operating as an indoor flea market.; Flea market spots available for lease.
    (239) 265-2628 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message