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    Automotive Sales and Service Center Title is generated by Realmo AI

    3045 Fowler St, Fort Myers, FL

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    Freestanding automotive sales and service center with long-term tenant.

    Type:RETAIL
    Property size:
    8,048 SF
    Lot size:
    0.58 Acres
    Price / SF:
    $211/SF
    Added:
    May 28, 2025
    Days on Market:
    382
    Last Refresh:
    May 19 at 9:42 pm

    Property Features for 3045 Fowler St

    General Information

    Standard status
    Active
    Size
    8,048 SF
    Lot size
    0.58 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Ethan Schumacher
    Ethan Schumacher

    Listing agent Ethan Schumacher License #258020030

    Listing office VIP Realty - Commercial

    Listing date May 28, 2025

    Source Moodyscre

    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 VIP Realty - Commercial

    HighLights

    • Long‑term tenant in place since 2012, providing stable investment.
    • Current lease expires February 28, 2033, with an option to renew for 3 years.
    • Offered at a 5% CAP Rate.
    • Annual gross income of $101,846.40.
    • Lease includes 3% annual escalations.
    • Lease includes a personal guarantee.

    Overview

    This freestanding automotive sales and service center is available for sale as an investment property with a long-term tenant in place. The property is being offered at a 5% CAP Rate. The current annual gross income is $101,846.40 with 3% annual escalations. The lease has 8 years remaining, expiring on February 28, 2033, with one three-year option to renew. The current tenant has been in this same location since 2012 and recently signed a new lease, which includes a personal guarantee. The property is 8,048 square feet and located on Fowler St, Fort Myers, FL.

    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 $155.5k $19.32
    − Vacancy −$4.7k −$0.58
    EGI $150.8k $18.74
    − OpEx −$45.2k −$5.62
    NOI $105.6k $13.12
    8,048 SF · lease $19.32/SF/yr · vacancy 3.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.51M
    $1.32M – $1.76M (±1% cap)
    NOI $105,576 @ 7.0% cap · market cap 6.21%
    Second Best
    Industrial
    $1.05M
    $918.4K – $1.22M (±1% cap)
    NOI $73,468 @ 7.0% cap · market cap 4.32%
    Theoretical Best
    Office A
    $2.53M
    $2.22M – $2.96M (±1% cap)
    NOI $177,314 @ 7.0% cap · market cap 10.43%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto 1 Plaza Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Budget Rent A Car — fort myers, fl 33901
    • Fort Myers Car Rental — 1651 Fowler St, Fort Myers, FL 33901
    • U-Haul Neighborhood Dealer — 3154 Palm Beach Blvd, Fort Myers, FL 33916

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.8616
    Latitude
    26.6214

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    FAQs

    What type of property is this?
    Automotive property - Freestanding automotive sales and service center with long-term tenant.
    Where is this automotive property located?
    The property is located at 3045 Fowler St Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Long‑term tenant in place since 2012, providing stable investment.; Current lease expires February 28, 2033, with an option to renew for 3 years.; Offered at a 5% CAP Rate.
    (239) 220-3042 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ethan Schumacher
    Ethan Schumacher
    Real Estate License ID: 258020030
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