Property Details

Action Equipment

Fort Myers, FL
Property ID: 14546

Financial Summary

Asking Price $2,189,964
Cap Rate 5.50%
Net Operating Income (NOI) $120,448
Lease Type NNN
Lease Term Remaining 10 Years
Increases 2% Per Year

Offering Memorandum

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Contact

Jeff Bogart
Senior Vice President
703.596.5602
Jonathan W. Hipp
Capital Markets Head of U.S. Net Lease Group
202.644.8700
Richard Murphy, CCIM
Senior Vice President U.S. Capital Markets Net Lease Group
703.288.2700

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Highlights

  • Excellent visibility off of I-75 with traffic counts of 73,000 VPD
  • Largest independent equipment provider in Florida
  • Dynamic fast response business plan
  • Rapid expansion through Sunbelt States planned
  • Currently 18 locations and growing
  • New construction
  • Government mandated essential business

Location

5789 Enterprise Parkway
Fort Myers, FL

Leigh ClineAction Equipment