272 Beth Stacey Blvd, Lehigh Acres, FL 33936
Indoor flea market with leasing opportunities, also for sale.
- Added:
- Jul 8, 2019
- Days on Market:
- 2558
- Last Refresh:
- Jul 2 at 11:57 am
Property Features for 272 Beth Stacey Blvd
General Information
- Standard status
- Active
- Size
- 7,245 SF
- Property subtype
- Industrial, Mixed Use
Listing office Sperry Commercial Global Affiliates Fort Myers
Listing date Jul 8, 2019
Source Crexi
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HighLights
- Property is available for sale.
- Currently operating as an indoor flea market.
- Flea market spots available for lease.
- Landlord will consider leasing to a single tenant.
- Habla Espanol (Spanish spoken).
- Call Theresa for details.
Overview
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 | $140.0k | $19.32 |
| − Vacancy | −$4.2k | −$0.58 |
| EGI | $135.8k | $18.74 |
| − OpEx | −$40.7k | −$5.62 |
| NOI | $95.0k | $13.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lehigh Acres
- County
- Lee
- State
- Florida
- Longitude
- -81.6534501
- Latitude
- 26.6086338