Freestanding Auto Service
For Sale
Contact for pricing
3045 Fowler St, Fort Myers, FL 33901
Freestanding automotive sales and service center with a long-term tenant and a lease expiring February 28, 2033.
Property Size8,048 SF
Price / SF$211.23
Days on Market430
Property Features for 3045 Fowler St
General Information
Standard status
Active
Size
8,048 SF
Property subtype
RETAIL
Additional Details
Cap Rate
5%
Building Details
Tenancy
Single
Listing Agency:
VIP Realty - Commercial
(239) 220-3042
Listed By:
Ethan Schumacher · License #258020030
(239) 220-3042
Source:
Moodyscre
Added: May 28, 2025
Changed: Jul 29
Last Checked: Jul 30 at 12:49PM
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
Investment Insights
Based on property information with market context.
Freestanding automotive sales and service center offered as an investment property with a long-term tenant in place. The property includes 8,048 SF and is currently under a lease with 8 years remaining, expiring on February 28, 2033, with one three-year option to renew. Lease terms include 3% annual escalations, and the offering is presented with a 5% cap rate.
The tenant has been in the same location since 2012 and recently signed a new lease that includes a personal guarantee.
This setup may appeal to buyers seeking a stabilized automotive facility with remaining lease term and scheduled annual rent escalations.
The tenant has been in the same location since 2012 and recently signed a new lease that includes a personal guarantee.
This setup may appeal to buyers seeking a stabilized automotive facility with remaining lease term and scheduled annual rent escalations.
Key Highlights
- 8,048 SF freestanding automotive sales and service center
- Lease expires February 28, 2033 with one three‑year option to renew
- 5% cap rate with 3% annual escalations
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
NOI $105,576 @ 7.0% cap · market cap 6.21%
Second Best
Industrial
$1.05M
$918.4K – $1.22M
NOI $73,468 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$2.53M
$2.22M – $2.96M
NOI $177,314 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,173
Businesses Nearby
26k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
14,943 visits/mo
0.1 miles
Family Dollar
Shops & Services
6,247 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
3,241 visits/mo
0.1 miles
Marathon
Shops & Services
1,907 visits/mo
0.5 miles
Demographics for 33901, FL
22,629
Population
11,709
Households
1.9
Avg Household Size
43
Median Age
29%
College-Educated
83%
High-School Grad
6.2 sq mi
ZIP Area
3,650
Density / Sq Mi
$51,579
Median Household Income
$37,233
Median Earnings
$1,291
Median Rent
$280,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- US 41 tires & auto repair — 3539 Cleveland Ave, Fort Myers, FL 33901
- Heritage Automotive Corporation — 3621 cleveland ave, fort myers, fl 33901
- Fort Myers Mobile Mechanic — 3079 Warehouse Rd, Fort Myers, FL 33916
- 1-800 RADIATOR & A/C — 4010 Warehouse Rd B, Fort Myers, FL 33916
- Jones Service & Repair — 3476 Fowler St, Fort Myers, FL 33901
Frequently Asked Questions
What type of property is this?
Auto shop - Freestanding automotive sales and service center with a long-term tenant and a lease expiring February 28, 2033.
Where is this auto shop 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: 8,048 SF freestanding automotive sales and service center; Lease expires February 28, 2033 with one three‑year option to renew; 5% cap rate with 3% annual escalations
