5003 Lee Blvd, Lehigh Acres, FL 33971-1016
This exceptional investment opportunity presents a 7,225 square foot freestanding O'Reilly Auto Parts store located in Lehigh Acres, Florida, on a 1.5-acre lot. The property boasts a prime location on Lee Boulevard, a major thoroughfare with a high volume of daily traffic (36,985 VPD), providing excellent visibility and accessibility. The building, constructed in 2018, features an attractive elevated brick and stucco façade. The property includes 36 parking spaces. This corporate net lease offers a substantial 14 years remaining on the primary term of a 20-year lease, with three 5-year renewal options. Rent increases are built in, with a 6% increase scheduled for 2028 and in each subsequent option period. The property generates a strong net operating income (NOI) of $135,384, representing a 5.75% cap rate on the asking price of $2,354,000 ($325.81 per square foot). The location benefits from proximity to major roadways including FL-82 and I-75, connecting Tampa to South Florida. Nearby established retailers include Family Dollar, 7-Eleven, Publix, Dollar General, Wawa, McDonald's, Wells Fargo, Dairy Queen, and Chase Bank, further enhancing the property's desirability and value. This is a rare opportunity to acquire a stable, high-performing investment in a thriving Florida market.
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O'Reilly Auto Parts Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CPD · Lehigh Acres, FLLehigh Acres. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.