Open-Plan Retail
New
For Sale
Contact for pricing
5513 8 Street W, Lehigh Acres, FL 33971
An adaptable interior includes a private restroom, electrical room, and multiple entry doors.
Property Size14,766 SF
Price / SF$0.13
Days on Market5
Property Features for 5513 8 Street W
General Information
Standard status
Active
Size
14,766 SF
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
private restroom
electrical room
multiple entry doors
Listing Agency:
Commercial Real Estate Advisors, LLC.
Listed By:
Gulya Sanchez
(305) 915-8250
Source:
Lehmannflorida
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:04PM
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 Commercial Real Estate Advisors, LLC.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space offers 1,250± SF arranged around a large open floor plan. The interior includes a private restroom, a separate electrical room, and multiple entry doors. Its open configuration can accommodate a range of layouts, including office, medical, showroom, fitness, educational, and service uses.
On-site parking is available for employees and customers. The property is identified at 5513 8 Street W, Lehigh Acres, Florida.
On-site parking is available for employees and customers. The property is identified at 5513 8 Street W, Lehigh Acres, Florida.
Key Highlights
- 1,250± SF of retail space
- Large open floor plan
- Private restroom and separate electrical room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$193,705
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,874,100
$3.9M
Cap Rate 7%
$2,767,214
$2.8M
Cap Rate 9%
$2,152,278
$2.2M
Market Conditions
NOI Build-Up for 14,766 SF
Gross rent
$285.3K $19.32/SF
− Vacancy
−$8.6K −$0.58/SF
EGI
$276.7K $18.74/SF
− OpEx
−$83.0K −$5.62/SF
NOI
$193.7K $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%
$3,874,100
Cap Rate 7%
$2,767,214
Cap Rate 9%
$2,152,278
Alternative Uses
Best Use
Retail
$2.77M
$2.42M – $3.23M
NOI $193,705 @ 7.0% cap · market cap 9,933.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.65M
$4.07M – $5.42M
NOI $325,325 @ 7.0% cap · market cap 16,683.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
101k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 12%
RaceTrac
Shops & Services
37,435 visits/mo
0.4 miles
Dollar Tree
Shops & Services
22,848 visits/mo
0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
12,223 visits/mo
0.4 miles
Mobil
Shops & Services
10,074 visits/mo
0.3 miles
Dollar General
Shops & Services
7,905 visits/mo
0.2 miles
Demographics for 33971, FL
26,333
Population
8,802
Households
3
Avg Household Size
33
Median Age
15%
College-Educated
85%
High-School Grad
17.0 sq mi
ZIP Area
1,549
Density / Sq Mi
$72,784
Median Household Income
$38,898
Median Earnings
$1,678
Median Rent
$271,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - An adaptable interior includes a private restroom, electrical room, and multiple entry doors.
Where is this retail space located?
The property is located at 5513 8 Street W Lehigh Acres, FL.
What are key features of this property?
This property features: 1,250± SF of retail space; Large open floor plan; Private restroom and separate electrical room
