Take 5 Oil Change | GL Venice, FL

1740 South Tamiami Trail
Venice, FL

Price: $1,650,000
Cap Rate: 5.00%
NOI: $82,500
Building Size: Approx. 1,650 Sq. Ft.
Lot Size: Approx. 0.66 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2021

Investment Overview

  • 2021 Construction. 1,650+/- SF Building on 0.66+/- Acre Site
  • 11 Year Corporately Backed Ground Lease w/ 10% Rental Increases in Year 7
  • Strategically Located Along U.S. Bypass 41 (63K VPD) 1 Mile from Venice Municipal Airport
  • Near Dollar Tree, Petco, Office Depot, Subway, Advance Auto Parts, Dunkin’
  • Strong Income Demographics w/ est. $84,208 within a 5-Mile Radius
  • Amazon is Building a New 120K Sq. Ft. Warehouse Along I-75 Near Venice
  • Venice  |  Located Midway Between Tampa and Fort Meyers  |  Population: 23,000+