a retail investment opportunity - loopnet · 2017-03-29 · december 9, 2016 corporate investment...

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Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated. cbcWorldwide.com COMMERCIALREALTYFL.COM RONALD STRUTHERS, CCIM Broker Associate 941.769.3316 [email protected] A Retail Investment Opportunity MARINER TRADING CO. BUSINESS AND REAL ESTATE INVESTMENT FOR SALE 3622 Tamiami Trail, Port Charlotte, FL 33952 FOR SALE | $590,000

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Page 1: A Retail Investment Opportunity - LoopNet · 2017-03-29 · December 9, 2016 Corporate Investment Business Brokers Mr. Dan Smith 13791 Metropolis Avenue, #100 Ft Myers FL, 33912 RE:

Coldwell Banker Commercial and the Coldwell Banker CommercialLogo are registered service marks licensed to Coldwell Banker RealEstate LLC. Each Office is Independently Owned and Operated.

cbcWorldwide.comCOMMERCIALREALTYFL.COM

RONALD STRUTHERS, CCIMBroker [email protected]

A Retail Investment Opportunity

MARINER TRADING CO. BUSINESS AND REAL ESTATE INVESTMENT

FOR SALE

3622 Tamiami Trail, Port Charlotte, FL 33952FOR SALE | $590,000

Page 2: A Retail Investment Opportunity - LoopNet · 2017-03-29 · December 9, 2016 Corporate Investment Business Brokers Mr. Dan Smith 13791 Metropolis Avenue, #100 Ft Myers FL, 33912 RE:

MARINER TRADING CO. BUSINESS AND REAL ESTATE INVESTMENT | 3 , 744 SF | PORT CHARLOTTE, FL

EXECUTIVE SUMMARY

FOR SALE

Coldwell Banker Commercial and the Coldwell Banker CommercialLogo are registered service marks licensed to Coldwell Banker RealEstate LLC. Each Office is Independently Owned and Operated.

2 cbcWorldwide.comCOMMERCIALREALTYFL.COM

RONALD STRUTHERS, CCIMBroker [email protected]

PROPERTY HIGHLIGHTS

• Mariner themed consignment store business and real estate for sale in Port

Charlotte.

• Real estate includes well maintained 3,744 SF commercial building and

2,000 SF lot across the access road for additional parking.

• SBA Financing available.

• Business located on US-41 with AADT 47,000.

OFFERING SUMMARY

Sale Price: $590,000

Lot Size: 0.22 Acres

Building Size: 3,744 SF

Year Built: 1961

Zoning: CG

Page 3: A Retail Investment Opportunity - LoopNet · 2017-03-29 · December 9, 2016 Corporate Investment Business Brokers Mr. Dan Smith 13791 Metropolis Avenue, #100 Ft Myers FL, 33912 RE:

MARINER TRADING CO. BUSINESS AND REAL ESTATE INVESTMENT | 3 , 744 SF | PORT CHARLOTTE, FL

ADDITIONAL PHOTOS

FOR SALE

Coldwell Banker Commercial and the Coldwell Banker CommercialLogo are registered service marks licensed to Coldwell Banker RealEstate LLC. Each Office is Independently Owned and Operated.

3 cbcWorldwide.comCOMMERCIALREALTYFL.COM

RONALD STRUTHERS, CCIMBroker [email protected]

Selection of Consignment Items

Rear of Building

Restroom

Selection of Consignment Items

Selection of Consignment Items

Front Entrance Area

Page 4: A Retail Investment Opportunity - LoopNet · 2017-03-29 · December 9, 2016 Corporate Investment Business Brokers Mr. Dan Smith 13791 Metropolis Avenue, #100 Ft Myers FL, 33912 RE:

December 9, 2016

Corporate Investment Business Brokers

Mr. Dan Smith

13791 Metropolis Avenue, #100

Ft Myers FL, 33912

RE: Pre-Qualification of a Marine Consignment Retail Store with Real Estate

Dear Dan,

I have reviewed the financial information you provided on the above referenced business.

Based on this information, it appears that this business is a candidate for financing through the

SBA 7a loan program in the amount of $393,800. This pre-qualification is conditioned on the

review of 2016 interim financial statements and location of a buyer who meets the financing

criteria of Huntington Bank.

Deal specifics:

Sales Price $ 590,000

Estimated Closing Cost $ 18,800

Total Project Costs $ 638,800; includes 30,000 in working capital

Buyer’s Equity

$ 245,000

Loan Amount $ 393,800

Term 25 years

Rate Prime + 2.75%

Payment $ 2,625

Please note, SBA fee is included in the loan amount. Fees consist of: SBA fee of approximately

$8,800, business valuation, attorney fees and all costs associated with a FL Real Estate closing.

I look forward to helping you close this transaction. If you have any questions, absolutely let

me know. Please note, this letter is not a commitment to loan money. Thank you for the

opportunity to earn your business!

Kind regards,

Melissa A. Fenner

Page 5: A Retail Investment Opportunity - LoopNet · 2017-03-29 · December 9, 2016 Corporate Investment Business Brokers Mr. Dan Smith 13791 Metropolis Avenue, #100 Ft Myers FL, 33912 RE:

December 9, 2016

Corporate Investment Business Brokers

Mr. Dan Smith

13791 Metropolis Avenue, #100

Ft Myers FL, 33912

RE: Pre-Qualification of a Marine Consignment Retail Store

Dear Dan,

I have reviewed the financial information you provided on the above referenced business.

Based on this information, it appears that this business is a candidate for financing through the

SBA 7a loan program in the amount of $192,200. This pre-qualification is conditioned on the

review of 2016 interim financial statements and location of a buyer who meets the financing

criteria of Huntington Bank.

Deal specifics:

Sales Price $ 180,000

Estimated Closing Cost $ 9,200

Total Project Costs $ 219,200; includes 30,000 in working capital

Buyer’s Equity

$ 27,000 or 15% of the purchase price

Loan Amount $ 192,200

Term 10 years

Rate Prime + 2.75%

Payment $ 2,175

Please note, SBA fee is included in the loan amount. Fees consist of: SBA fee of approximately

$4,200, business valuation, attorney fees and all costs associated with a FL state closing.

I look forward to helping you close this transaction. If you have any questions, absolutely let

me know. Please note, this letter is not a commitment to loan money. Thank you for the

opportunity to earn your business!

Kind regards,

Melissa A. Fenner

Page 6: A Retail Investment Opportunity - LoopNet · 2017-03-29 · December 9, 2016 Corporate Investment Business Brokers Mr. Dan Smith 13791 Metropolis Avenue, #100 Ft Myers FL, 33912 RE:

Coldwell Banker Commercial and the Coldwell Banker CommercialLogo are registered service marks licensed to Coldwell Banker RealEstate LLC. Each Office is Independently Owned and Operated.

6 cbcWorldwide.comCOMMERCIALREALTYFL.COM

RONALD STRUTHERS, CCIMBroker [email protected]

MARINER TRADING CO. BUSINESS AND REAL ESTATE INVESTMENT | 3 , 744 SF | PORT CHARLOTTE, FL

LOCATION MAPS

FOR SALE

Page 7: A Retail Investment Opportunity - LoopNet · 2017-03-29 · December 9, 2016 Corporate Investment Business Brokers Mr. Dan Smith 13791 Metropolis Avenue, #100 Ft Myers FL, 33912 RE:

Coldwell Banker Commercial and the Coldwell Banker CommercialLogo are registered service marks licensed to Coldwell Banker RealEstate LLC. Each Office is Independently Owned and Operated.

7 cbcWorldwide.comCOMMERCIALREALTYFL.COM

RONALD STRUTHERS, CCIMBroker [email protected]

* Demographic data derived from 2010 US Census

POPULATION 1 MILE 3 MILES 5 MILESTOTAL POPULATION 8,036 39,281 79,054MEDIAN AGE 47.7 49.8 51.1MEDIAN AGE (MALE) 45.5 47.9 49.7MEDIAN AGE (FEMALE) 48.4 51.0 52.3

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILESTOTAL HOUSEHOLDS 3,595 17,404 35,610# OF PERSONS PER HH 2.2 2.3 2.2AVERAGE HH INCOME $41,923 $47,823 $53,677AVERAGE HOUSE VALUE $127,815 $196,093 $230,841

MARINER TRADING CO. BUSINESS AND REAL ESTATE INVESTMENT | 3 , 744 SF | PORT CHARLOTTE, FL

DEMOGRAPHICS MAP

FOR SALE

Page 8: A Retail Investment Opportunity - LoopNet · 2017-03-29 · December 9, 2016 Corporate Investment Business Brokers Mr. Dan Smith 13791 Metropolis Avenue, #100 Ft Myers FL, 33912 RE:

NRT

CBCWorldwide.com

THE STRUTHERS NETWORK

©2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba

Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated.

Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba

Coldwell Banker Commercial Affiliates.

RON STRUTHERS CCIM | BROKER ASSOCIATE

NATALIE RODRIGUEZ | COMMEERCIAL ASSOCIATE

Natalie Rodriguez comes to Sarasota and Charlotte County by way of California

where she worked in the pharmaceutical industry, before joining the Peace Corps

and obtaining her Master’s in Public Policy and Management. She joined Coldwell

Banker Commercial NRT in 2015. With experience in and a passion for public ser-

vice, Natalie provides personalized service and advice to customers seeking com-

mercial real estate for lease, sale or purchase.

Contact Natalie: (941)-888-4522 | [email protected]

Since moving to Florida from Canada 30 years ago, Ron Struthers has been

100% committed to Real Estate Services and actively involved in New Construc-

tion, Property Management, Leasing and the selling of Real Estate in SWFL. Ron

earned his CCIM designation in 2002 and has served the SWFL CCIM District in

the capacity of a board member, directorship, and is currently the President for

2016. Ron joined Coldwell Banker Commercial NRT in 2012 and services most

facets of commercial brokerage in Charlotte and South Sarasota Counties. Help-

ing hundreds of clients buy, sell, and lease commercial real estate, Ron has be-

come one of the top agents in the Coldwell Banker Commercial NRT Florida mar-

ketplace.

Contact Ron: (941)-769-3316 | [email protected]