Retail Space
5530 Timmers Lane Lehigh Acres, FL 33971
Details & Description
Price: $6,236,364
    Marcus & Millichap is pleased to present the exclusive listing for 5530 Timmers Lane in Lehigh Acres, FL. The tenant will enter into a brand new, 20-year triple-net (NNN) lease upon close of escrow with absolutely no landlord responsibilities. The base annual rent will be $343,000 and will be subject to 1.50% annual rental escalations throughout the base term as well as the four, five-year tenant renewal option periods. The lease will have a corporate guarantee. International Car Wash Group operates more than 900 locations throughout the United States and Internationally. The property is 4,966 rentable square feet and is situated on 1.60 acres.20-Year Triple-Net (NNN) Sale-Leaseback: At Closing the Tenant Will Execute a Brand New 20-Year Absolute Triple-Net Lease. The Lease Will Have No Landlord Responsibilities.Corporate Guarantee: The Lease is Subject to a Corporate Guarantee by International Car Wash Group Ltd. (UK) "ICWG" and the More Than 900 Locations Across Europe, Australia and the U.S.
    Property Highlights
     Accelerated Depreciation This Property Qualifies for 15 Year Accelerated Depreciation
     Accelerated Depreciation This Property Qualifies for 15 Year Accelerated Depreciation
    Listing Agents
    Glen Kunofsky

    O: 212-430-5115
    glen.kunofsky@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5530 Timmers Lane

    Lehigh Acres, FL 33971

    Listing ID: 275637
    • 5530 Timmers Lane Lehigh Acres, FL 33971 | for Sale | Photo 1
    • 5530 Timmers Lane Lehigh Acres, FL 33971 | for Sale | Photo 2
    5530 Timmers Lane | for Sale | Thumbnail 1
    5530 Timmers Lane | for Sale | Thumbnail 2
    Building Size: 4,966 SF
    Lot Size: 1.600 AC
    Land Size: 69,696 SF
    Building $/SF: $1,255.81
    Land $/SF: $89.48
    Price
    $6,236,364
    Property Highlights
    Accelerated Depreciation This Property Qualifies for 15 Year Accelerated Depreciation
    Description

    Marcus & Millichap is pleased to present the exclusive listing for 5530 Timmers Lane in Lehigh Acres, FL. The tenant will enter into a brand new, 20-year triple-net (NNN) lease upon close of escrow with absolutely no landlord responsibilities. The base annual rent will be $343,000 and will be subject to 1.50% annual rental escalations throughout the base term as well as the four, five-year tenant renewal option periods. The lease will have a corporate guarantee. International Car Wash Group operates more than 900 locations throughout the United States and Internationally. The property is 4,966 rentable square feet and is situated on 1.60 acres.

    20-Year Triple-Net (NNN) Sale-Leaseback: At Closing the Tenant Will Execute a Brand New 20-Year Absolute Triple-Net Lease. The Lease Will Have No Landlord Responsibilities.

    Corporate Guarantee: The Lease is Subject to a Corporate Guarantee by International Car Wash Group Ltd. (UK) "ICWG" and the More Than 900 Locations Across Europe, Australia and the U.S.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Cape Coral History of Retail Space for Sale

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    Lehigh Acres Area Market Trends

    Listing Demographics for 5530 Timmers Lane Lehigh Acres, FL 33971

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 5530 Timmers Lane in Lehigh Acres?
    The asking price for 5530 Timmers Lane is $6,236,364
    What is the building size of this Retail property in Lehigh Acres, FL?
    The size of the building/unit at 5530 Timmers Lane in Lehigh Acres is 4,966 square feet
    How much land does the Lehigh Acres, FL property at 5530 Timmers Lane include?
    5530 Timmers Lane in Lehigh Acres includes 1.600 acres of land
    What kind of Retail is the property at 5530 Timmers Lane?
    The property at 5530 Timmers Lane Lehigh Acres, FL 33971 is listed as a Other Retail Retail property
    What is the population within 1 mile of 5530 Timmers Lane in Lehigh Acres?
    The population within 1 mile of 5530 Timmers Lane Lehigh Acres, FL 33971 is 7,691 people.
    Who do I contact for questions about 5530 Timmers Lane?
    You should contact the listing agent, Glen Kunofsky , for any details regarding this commercial listing.

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