28245 Tamiami TrlBonita Springs, FL 34134

Property Details for 28245 Tamiami Trl

Year built

2016

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.99 AC

Property size (Sq ft)

7,635 SF

Zone code

CC

Property type

Retail properties

Property subtype

Community centers

APN

04-48-25-B2-00027.4010

APU

044825B2000274010

Description

This exceptional retail investment opportunity is situated on the east side of US 41, just south of Bonita Beach Road SE in Bonita Springs, Florida. The Askar Center of Bonita Springs is a single-story, 2016-built strip center comprised of five individual suites, with two currently available for lease. The property boasts a highly desirable Commercial Corridor zoning designation within Lee County. Its address is 28245 S Tamiami Trail, Bonita Springs, FL 34134. The center's convenient location offers excellent visibility and accessibility for businesses seeking a strong presence in this thriving area. The building features a total of five suites, providing flexibility for a variety of retail tenants. This is an ideal opportunity for investors seeking a well-located, established retail property in a high-growth market. The property's prime location on US 41 ensures high traffic volume and exposure to a large customer base. The availability of two suites presents a unique chance to acquire a piece of this successful retail center and capitalize on the strong demand for commercial space in Bonita Springs. The property's single-story design and convenient layout make it an attractive option for a range of businesses. The 2016 construction ensures modern amenities and efficient operation.

• CAP approach

  CAP return

  Valuation

  6%

  $2,977,134

  6.5%

  $2,748,124

  7%

  $2,551,829

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,859,769

  Geo Method

  $6,716,483

• Alternative Use

  Use

  Valuation

  Residential

  $2,318,145

  Hospitality

  $2,123,408

  Educational

  $1,766,651

  Medical

  $1,827,409

  Retail

  $2,748,124

Location Insight

City

Bonita Springs

County

Lee

State

Florida

Latitude

26.3257

Longitude

-81.805

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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