11666 Royal Tee Cir Cape Coral, FL 33991
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 11666 Royal Tee Cir
- Year built
- 8
- Property type
- Commercial real estate
Description
This exceptional business opportunity presents a chance to acquire established FedEx Ground routes in Southwest Florida, specifically in Cape Coral, Lee County (zip code 33991). The asking price is $2,500,000, offering a compelling 25.85% capitalization rate and a substantial net operating income (NOI) of $646,172. This turnkey operation boasts a gross revenue of $2,600,000 and includes a comprehensive package of assets. These assets encompass 24 new trucks, scanners, dollies, uniforms, and a team of 30 employees supported by a manager and a lead. The routes themselves are established through an independent distributor and operate under a contract with FedEx. The business is located at 11666 Royal Tee Cir, Cape Coral, FL. Importantly, this business is SBA eligible, presenting financing options for qualified buyers. This is a rare opportunity to acquire a well-established, high-performing business with significant growth potential in a thriving market. The business has been operational for eight years.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -82.0354315
- Latitude
- 26.6174138
