Caliber Collision Auto
For Sale
$2,150,000
23309 Harbor View Rd, Punta Gorda, FL 33980
Automotive property located in Punta Gorda, Florida.
Property Size13,242 SF
Price / SF$162.36
Days on Market40
Property Features for 23309 Harbor View Rd
General Information
Standard status
Active
Size
13,242 SF
Property subtype
Auto Parts
Lease Type
NN
Additional Details
Cap Rate
4.05%
Amenities
SINGLE TENANT CALIBER COLLISION LOCATION: 13,242-SF across 3 parcels totaling 1.25 acres with multiple work bays, vehicle storages pace and fully separate customer lobby/waiting area.
DOUBLE NET LEASE: Just over 3.5 years remaining on the original NN lease. Minimal landlord responsibilities. Below market rent.
CORPORATE GUARANTEE: Lease is guaranteed by Caliber Collision, which ranks as the nation's largest collision repair provider, with more than 1,700+ locations across 41 states.
FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset.
STRONG LOCATION FUNDAMENTALS: Situated along Harbor View road in a dense light industrial hub with convenient access to S Tamiami Trail and Barron Collier Bridge leading into downtown Punta Gorda. 2.5 miles from I-75 on-ramp, seeing 81,500 Vehicles Per Day (VPD).
PROXIMITY TO RETAIL HUB: Located near multiple shopping centers and national tenants including Extra Space Storage, McDonald's, Ollie's, Beef O Bradys, Walgreens, 7 Brew, Publix, Dollar General, Bob Evans and more.
DOWNTOWN TRAFFIC CORRIDOR: Located 0.5 miles off of S Tamiami Trail, seeing 45,500 VPD and the Barron Collier Bridge with 34,000 VPD.
PROXIMITY TO MAJOR ATTRACTIONS: 1 miles from Hilton Sunseeker Resort and 2.5 miles from downtown Punta Gorda. | STRONG DEMOGRAPHICS: The population exceeds 106,400 within 5-miles and is projected to increase by 2030. Unemployment is 0.54% within 1-mile of the subject. Port Charlotte is part of the Sarasota metropolitan area with a population of over 833,000.
Building Details
Building Size
13,242 SF
Listed By:
DP Patel · License #License(s): OH: SAL 2012000748
(813) 387-4812
Source:
Marcusmillichap
Added: Jul 30
Changed: Aug 22
Last Checked: Sep 7 at 5:02AM
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 DP Patel
Investment Insights
Based on property information with market context.
Caliber Collision is located at 23309 Harbor View Rd in Punta Gorda, Florida. The auto shop property contains 13,242 square feet and carries a specific automotive-service identity through its Caliber Collision branding.
Key Highlights
- 13,242‑square‑foot auto shop property
- Caliber Collision property
- Located at 23309 Harbor View Rd, Punta Gorda, FL 33980
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$102,334
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,046,680
$2.0M
Cap Rate 7%
$1,461,914
$1.5M
Cap Rate 9%
$1,137,044
$1.1M
Market Conditions
NOI Build-Up for 13,242 SF
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.
Gross rent
$158.9K $12.00/SF
− Vacancy
−$12.7K −$0.96/SF
EGI
$146.2K $11.04/SF
− OpEx
−$43.9K −$3.31/SF
NOI
$102.3K $7.73/SF
Area
Charlotte County, FL
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,046,680
Cap Rate 7%
$1,461,914
Cap Rate 9%
$1,137,044
Alternative Uses
Best Use
Retail
$3.37M
$2.94M – $3.93M
NOI $235,561 @ 7.0% cap · market cap 10.96%
Second Best
Industrial
$1.46M
$1.28M – $1.71M
NOI $102,334 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$4.34M
$3.79M – $5.06M
NOI $303,507 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
10k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Home Improvements & Furnishings 6%
Circle K
Shops & Services
7,756 visits/mo
0.3 miles
Extra Space Storage
Shops & Services
1,060 visits/mo
0.5 miles
Graybar
Home Improvements & Furnishings
553 visits/mo
0.4 miles
Caliber Collision
Shops & Services
548 visits/mo
0.3 miles
Demographics for 33980, FL
11,762
Population
8,108
Households
1.5
Avg Household Size
63
Median Age
21%
College-Educated
92%
High-School Grad
9.2 sq mi
ZIP Area
1,278
Density / Sq Mi
$61,871
Median Household Income
$33,365
Median Earnings
$1,216
Median Rent
$221,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Automotive property located in Punta Gorda, Florida.
Where is this auto shop located?
The property is located at 23309 Harbor View Rd Punta Gorda, FL.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 13,242‑square‑foot auto shop property; Caliber Collision property; Located at 23309 Harbor View Rd, Punta Gorda, FL 33980
