fbpx Skip to Content

On Track Doors

Cape Coral, Florida

Map View

Street View

NNN Pro Group is pleased to present the exclusive net lease offering for the On Track Doors facility located at 914 Southeast 9th Street, Cape Coral, FL. The site consists of roughly 4,500 rentable square feet of building space on estimated 0.34-acre parcel of land. This On Track Doors facility will be subject to a 20-year absolute triple-net (NNN) lease that will commence upon the close of escrow. The initial annual rent will be $74,250 and is scheduled to increase by 2.00% annually throughout the base term and in each of the four (4), five (5)-year renewal options.

 Brand-New 20-Year Sale-Leaseback
 Triple-Net (NNN) Lease with Zero Landlord Responsibilities
 Corporate Guaranty from On Track Partners
 Attractive Hedge Against Inflation | 2.00% Annual Rental Increases
 Four (4), Five (5)-Year Tenant Renewal Option Periods
 On Track Doors Features One of the Only Fully Air-Conditioned Warehouses in the Immediate Area

Key Details

Price:
$1,188,000
Cap Rate:
6.25%
Annual Rent:
$74,250
Address:
914 Southeast 9th Street, Cape Coral, Florida 33904
Lease Type:
Triple-Net (NNN)

Original Lease Term:
20 Years
Lease Commencement:
Close of Escrow
Lease Expiration:
20 Years from Close of Escrow
Lease Term Remaining:
20 Years
Rental Increases:
2.00% Annually
Lot Size:
0.34 Acres
Building Size:
4 SF
Year Built:
1983
Tenant:
On Track Doors

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Edward Otocka

License: 10401298466

Jack Winslow

License: 10401334977

Broker of record

Brian Brockman

Bang Realty-Naples Inc.

License: BK3327646


Similar Properties

available

Dollar General

150 South 1st Street, Cape Coral, Florida, 72565

available

Dollar General Market

800 East Main Street, Cape Coral, Florida, 72638

available

Dollar General

12051 Hwy 62 East, Cape Coral, Florida, 72544

available

Sonic

2470 Shorter Ave, Cape Coral, Florida, 30165