Former C-Store on Slater
16177 Slater Road North Fort Myers, FL 33917
For Sale
Contact for pricing
Former Circle K on almost 1 acre of land.
Property Size2,774 SF
Lot Size0.99 Acres
Price / SF$319.03
Days on Market70
Property Features for 16177 Slater Road
General Information
- Standard status
- Active
- Size
- 2,774 SF
- Lot size
- 0.99 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1976
Listing Agency:
Integrity Real Estate
Listed By:
Lucca Feraci · License #FL
Source:
Crexi
Added: May 19
Changed: Jul 10
Last Checked: Jul 25 at 6:30AM
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 Integrity Real Estate
Investment Insights
Based on property information with market context.
This commercial property, formerly a Circle K convenience store, is available for sale. The property size is 2774 square feet and it is situated on almost 1 acre of land.
Key Highlights
- Former Circle K C‑Store
- Almost 1 acre of land
- Year Built: 1976
Financial Insights For Specialty 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 | $59.9k | $21.60 |
| − Vacancy | −$1.2k | −$0.43 |
| EGI | $58.7k | $21.17 |
| − OpEx | −$14.7k | −$5.29 |
| NOI | $44.0k | $15.88 |
2,774 SF · lease $21.60/SF/yr · vacancy 2.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$629.1K
$550.5K – $734.0K
NOI $44,040 @ 7.0% cap · market cap 4.98%
Second Best
Retail
$519.9K
$454.9K – $606.5K
NOI $36,390 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$873.1K
$764.0K – $1.02M
NOI $61,117 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
FAQs
What type of property is this?
Grocery and convenience store - Former Circle K on almost 1 acre of land.
Where is this grocery and convenience store located?
The property is located at 16177 Slater Road North Fort Myers, FL.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Former Circle K C‑Store; Almost 1 acre of land; Year Built: 1976
