Automotive Net-Lease
24073 Production Cir Bonita Springs, FL 34135
24073 Production Cir, Bonita Springs, FL, 34135
Contact for pricing
For Sale
Contact for pricing
Auto-related retail building offered for sale with a 10-year double net lease in place.
Property Size15,800 SF
Lot Size1.08 Acres
Price / SF$265.30
Days on Market153
Property Features for 24073 Production Cir
General Information
- Standard status
- Active
- Size
- 15,800 SF
- Lot size
- 1.08 Acres
- Property subtype
- Industrial, Retail
Building Details
- Year Built
- 1999
Listing agency
SURMOUNT
(332) 345-4222
Listed by
Cade Kearn · License #NY 10401306065
Source
Crexi
Added: Feb 19 Updated: Jul 22 at 11:19AM Checked: Jul 22 at 11:19AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This automotive-oriented facility is offered for sale as an exclusive listing for Crash Champions. The site includes approximately 15,800 rentable square feet of building space on an estimated 1.08-acre parcel. The property is subject to a 10-year Double Net (NN) lease that commenced 12/30/2021, with scheduled rent increases as described in the lease terms.
The property is located at 24073 Production Cir in Bonita Springs, Florida.
Under the current lease, the property has an annual rent of $251,500, with a scheduled increase of 9.50% in 2028, followed by 2% annual increases beginning in 2032 and continuing through options.
The property is located at 24073 Production Cir in Bonita Springs, Florida.
Under the current lease, the property has an annual rent of $251,500, with a scheduled increase of 9.50% in 2028, followed by 2% annual increases beginning in 2032 and continuing through options.
Key Highlights
- Auto‑related retail building in Bonita Springs, FL: 15,800 rentable SF on an estimated 1.08‑acre parcel
- Crash Champions property built in 1999
- 10‑year Double Net (NN) lease in place, commenced 12/30/2021
Local Financial Insights For 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 | $305.3k | $19.32 |
| − Vacancy | −$9.2k | −$0.58 |
| EGI | $296.1k | $18.74 |
| − OpEx | −$88.8k | −$5.62 |
| NOI | $207.3k | $13.12 |
15,800 SF · lease $19.32/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.96M
$2.59M – $3.45M
NOI $207,269 @ 7.0% cap · market cap 4.94%
Second Best
Industrial
$2.06M
$1.80M – $2.40M
NOI $144,233 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$4.97M
$4.35M – $5.80M
NOI $348,106 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Autochex Automotive Sales
Car Dealership
Crash Champions Collision ...
Auto Repair Shop
Nationwide Interlock
Building Supply
Intoxalock Ignition Interlock
Building Supply
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FAQs
What type of property is this?
Auto shop - Auto-related retail building offered for sale with a 10-year double net lease in place.
Where is this auto shop located?
The property is located at 24073 Production Cir Bonita Springs, FL.
What is the asking price?
The asking price for this property is $4,191,667.
What are key features of this property?
This property features: Auto‑related retail building in Bonita Springs, FL: 15,800 rentable SF on an estimated 1.08‑acre parcel; Crash Champions property built in 1999; 10‑year Double Net (NN) lease in place, commenced 12/30/2021
