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Leased Retail Building with Lease
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1004 N 15th St, Immokalee, FL 34142

Fee simple retail building on North 15th Street with a 15-year corporate-guaranteed lease and excellent visibility.

Property SizeContact for details
Days on Market122

Property Features for 1004 N 15th St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Westwood Net Lease Advisors LLC
Listed By: Chris Schellin · License #MO 2005017398
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 4:54AM

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 Westwood Net Lease Advisors LLC

Investment Insights

Based on property information with market context.

This fee simple retail building is offered for sale with a 15-year lease in place and 13.5+ years remaining. The lease is corporate guaranteed, and the tenant is described as investment grade (S&P: BBB). Rent is scheduled to increase by 6% in Year 11 and by 6% during each subsequent 5-year option period.

The property fronts North 15th Street, described as a primary thoroughfare, providing excellent visibility. It is noted to be near Plaza Winn-Dixie.

Landlord responsibilities are described as limited, with the landlord responsible for the roof, structure, parking lot replacement, parking lights, and sidewalk replacement. Construction was upgraded in 2022, while the tenant is responsible for CAM, taxes, and insurance.

Key Highlights

  • Fee simple retail building fronting North 15th Street on a primary thoroughfare
  • 15‑year lease with 13.5+ years remaining
  • Corporate guaranteed lease with tenant investment‑grade credit (S&P: BBB)

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Electrical Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 57% Shops & Services 27% Home Improvements & Furnishings 10% Apparel 5%
McDonald's Dining
31,325 visits/mo 0.3 miles
Family Dollar Shops & Services
11,921 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
10,903 visits/mo 0.1 miles
Little Caesars Pizza Dining
9,833 visits/mo 0.4 miles
B & L Hardware Home Improvements & Furnishings
9,706 visits/mo 0.2 miles

Demographics for 34142, FL

31,327
Population
10,002
Households
3.1
Avg Household Size
30
Median Age
15%
College-Educated
63%
High-School Grad
625.9 sq mi
ZIP Area
50
Density / Sq Mi
$57,656
Median Household Income
$27,809
Median Earnings
$989
Median Rent
$296,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fee simple retail building on North 15th Street with a 15-year corporate-guaranteed lease and excellent visibility.
Where is this retail space located?
The property is located at 1004 N 15th St Immokalee, FL.
What are key features of this property?
This property features: Fee simple retail building fronting North 15th Street on a primary thoroughfare; 15‑year lease with 13.5+ years remaining; Corporate guaranteed lease with tenant investment‑grade credit (S&P: BBB)
More about this property
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