Tire Choice 

5785 Bayshore Road | North Fort Myers, FL 33917

Contact Brokers

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Jim Shiebler

First Vice President Investments

Jim.Shiebler@MarcusMillichap.com

(O) 239.340.7811
FL #SL3347780

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James Garner
First Vice President Investments
James.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659

Highlights

  • 5.84% Blended Cap Rate Over Base Term

  • Rent Increases: 10% Every 5 years  

  • Tire Choice Is Florida’s Fastest Growing Tire and Automotive Service Chain

  • Essential Service Provider – Pandemic, Recession and E-Commerce Proof Concept

  • Store Was Recently Rebranded and Reimaged Demonstrating Tenant’s Long-Term Commitment to Location

  • 35,000+ Cars Per Day on Bayshore Road

Description

Marcus & Millichap is pleased to present Tire Choice on Bayshore Road, a truly rare investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in a quickly growing submarket of Fort Myers, FL. This unique investment opportunity is ideally positioned adjacent to a Winn Dixie anchored shopping center, next to Tractor Supply Company and surrounded by numerous other major retail drivers. Additionally, this dense infill, high barrier to entry location on Bayshore Road, which sees over 35,000 Cars Per Day. The location has a long operating history with a growing built in customer base as an outparcel to Shoreline Shoppes shopping center and located on the corner of an intersection. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.