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    Property profile & analytics
    OFF-MARKET Estimated value $1,285,000
    Retail space

    5003 Lee Blvd, Lehigh Acres, FL 33971-1016

    7,193 SF 1.5 ac lot Built 2018
    Trust Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US18-7886920
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2018
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 7,193 SF
    Lot 1.5 ac (65,251 SF)
    Zoning code CPD
    APN 29-44-26-L3-18000.0010
    UPID US18-7886920
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • O'Reilly Auto Parts Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.45M
    Comparable Approach Comparable
    $1.06M
    Blend (final) Blend
    $1.29M
    Owner & transaction history
    Chung Family Trust · 6 yrs held
    Chung Family Trust
    since 2019
    7 recorded transactions
    2020
    2019
    $2.4M
    2018
    $8,714
    2017
    $465,000
    2010
    $106,500
    2009
    2007
    Zoning & alternative use
    CPD · Lehigh Acres, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $2.1M +23.4%
    Office building $1.7M +1.9%
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