Sale Lease-Back with an Established HVAC Contractor Serving SWFL for 18 years

Located in Cape Coral’s established Mid-Cape commercial and industrial district, 836 SE 9th Terrace is near SE 8th Place, just south of Viscaya Parkway and west of Del Prado Boulevard. The surrounding area includes contractor businesses, service providers, offices, and warehouses, with Cape Coral City Hall and the Police Department nearby. The location provides convenient access to major local corridors serving Cape Coral and the greater Fort Myers market.Invest Florida presents a 2,400 SF commercial property at 836 SE 9th Terrace in Cape Coral’s established Mid-Cape commercial and industrial district. Offered at $1,114,287.00, the property features a proposed five-year absolute NNN sale-leaseback with initial annual base rent of $78,000, representing an approximately 7.00% initial cap rate. The seller will remain as tenant at an initial base rent of $6,500 per month, with 3% annual increases throughout the five-year term. These increases provide scheduled income growth, with annual base rent reaching approximately $87,790 in Year 5. The proposed lease assigns all operating expenses, maintenance, repairs, and replacements—including the roof, structure, and building systems—to the tenant, providing a passive ownership structure with no landlord expense obligations under the lease. The proposed tenant is an established HVAC business with 18 years of operating history and continuous occupancy at this location since 2011. Ownership reports a substantial annual revenue base. Tenant identity and detailed financial information are confidential and available to qualified buyers subject to a confidentiality agreement.