Automotive Net-Lease
For Sale
Contact for pricing
24073 Production Cir, Bonita Springs, FL 34135
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$258.82
Days on Market245
Property Features for 24073 Production Cir
General Information
Standard status
Active
Size
15,800 SF
Lot size
1.08 Acres
Property subtype
Industrial, Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$251,500
Building Details
Year Built
1999
Year Renovated
2025
Tenancy
Single
Listing Agency:
SURMOUNT
Listed By:
Glen Kunofsky · License #NY 49KU1129178
(603) 570-2699
Source:
Crexi
Added: Feb 19
Changed: Oct 21
Last Checked: Oct 20 at 5:53PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$207,269
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,145,380
$4.1M
Cap Rate 7%
$2,960,986
$3.0M
Cap Rate 9%
$2,302,989
$2.3M
Market Conditions
NOI Build-Up for 15,800 SF
Gross rent
$305.3K $19.32/SF
− Vacancy
−$9.2K −$0.58/SF
EGI
$296.1K $18.74/SF
− OpEx
−$88.8K −$5.62/SF
NOI
$207.3K $13.12/SF
Area
Lee County, FL
Vacancy
3.00%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,145,380
Cap Rate 7%
$2,960,986
Cap Rate 9%
$2,302,989
Alternative Uses
Best Use
Retail
$2.96M
$2.59M – $3.45M
NOI $207,269 @ 7.0% cap · market cap 5.07%
Second Best
Industrial
$2.06M
$1.80M – $2.40M
NOI $144,233 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$4.97M
$4.35M – $5.80M
NOI $348,106 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,027
Businesses Nearby
82k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Groceries 39%
Dining 18%
Publix
Groceries
31,903 visits/mo
0.4 miles
Culver's
Dining
13,818 visits/mo
0.4 miles
7-Eleven
Shops & Services
12,330 visits/mo
0.4 miles
7-Eleven
Shops & Services
7,298 visits/mo
0.3 miles
Mobil
Shops & Services
5,515 visits/mo
0.3 miles
Demographics for 34135, FL
45,518
Population
30,904
Households
1.5
Avg Household Size
60
Median Age
39%
College-Educated
88%
High-School Grad
61.8 sq mi
ZIP Area
737
Density / Sq Mi
$86,731
Median Household Income
$37,952
Median Earnings
$1,790
Median Rent
$419,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
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 $4,089,430.
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
