
Description
Investment opportunity with an Outstanding location! This 4,025 +/- SF, freestanding building is located right on McGregor Blvd, just north of College Parkway and the Cape Coral Bridge. Offering high traffic visibility in the Heart of South Fort Myers, this property currently has a tenant in place with the balance of a five-year triple net lease through October 31, 2023 and the tenant's option of two (2) consecutive five (5) year renewal terms, offering an excellent investment opportunity with long-term return and stability. Features include a 600+/-SF front office/reception area, 2 rest rooms, 16’ ceilings in the main 3,400 +/- SF open garage work area, an upstairs 22’x16’ + loft that can be used as an additional work area or storage, three (3) 20’8” x 12’5” oversized bay doors, one (1) additional 10’x10’ overhead door and 3-Phase Power. With a terrific location and established long-term income, this is the ideal investment opportunity that you have been looking for! Current NOI $29,020.20.
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0BEDS
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0.34ACRES
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01/2 BATHS
School Ratings & Info
Description
Investment opportunity with an Outstanding location! This 4,025 +/- SF, freestanding building is located right on McGregor Blvd, just north of College Parkway and the Cape Coral Bridge. Offering high traffic visibility in the Heart of South Fort Myers, this property currently has a tenant in place with the balance of a five-year triple net lease through October 31, 2023 and the tenant's option of two (2) consecutive five (5) year renewal terms, offering an excellent investment opportunity with long-term return and stability. Features include a 600+/-SF front office/reception area, 2 rest rooms, 16’ ceilings in the main 3,400 +/- SF open garage work area, an upstairs 22’x16’ + loft that can be used as an additional work area or storage, three (3) 20’8” x 12’5” oversized bay doors, one (1) additional 10’x10’ overhead door and 3-Phase Power. With a terrific location and established long-term income, this is the ideal investment opportunity that you have been looking for! Current NOI $29,020.20.
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