Redevelopment - Office Complex and Restaurants

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30257659
Property Subtypes: Business Park, Executive Suites, Office Building
Building Size (RSF): 35,519 SF
Gross Building Area: See Agent
Gross Land Area: 3.60 Acres
Sale Price: $3,600,000
Unit Price: $101.35 PSF
Property Use Type: Investment
Building Name: Corporate Quarters
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/19/2018

Overview / Comments

3.6 acre redevelopment site on US 41 along Caloosahatchee River. Property currently includes two restaurant buildings frontage on US 41, a three building office complex, a storage building, and additional land. The property is located in North Fort Meyers just across the bridge from downtown Fort Myers.

Portfolio Sale ready for redevelopment:

Lot #1: STRAP: 11-44-24-00-00017.4A7A, 80063.28 sf (1.838 acres)
Lot #2: STRAP: 11-44-24-00-00017.4B5A, 16400.00 sf (0.376 acres)
Lot #3: STRAP: 11-44-24-00-00017.4B20, 32800.60 sf (0.753 acres)
Lot #4: STRAP: 11-44-24-00-00017.4A70, 25220.00 sf(0.579 acres)

Attachments & Media

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 11-44-24-00-00017.4A7A; 11-44-24-00-00017.4B5A; 11-44-24-00-00017.4B20; 11-44-24-00-00017.4A70
Zoning: VARIOUS COMMERCIAL
Property Located Between: North Key Dr. and Hancock Bridge Road
Property Visibility: Excellent
Highway Access: Access to US 41 at signalized intersection of North Key Dr. and US 41
Airports: RSW (Fort Myers International) within 45 minutes. Four Major International Airports within 2.5 hours drive time
Site Description: 275 feet frontage on US 41 access road along the Caloosahatchee River.
Area Description: High traffic retail corridor with restaurants, motels and other retail.
Total Number of Buildings: 6
Number of Stories: 2
Typical SF / Floor: 15,985 SF
Year Built: 1986
Construction/Siding: Stucco
Parking Ratio: 3 (per 1000 SF)
Parking Type: Surface
Parking Description: multiple parking areas (at each building)
Land Ownership: Fee Simple

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,153 49,149 148,334
Median Age: 53.05 46.73 43.05
Households: 1,149 21,710 61,080

Contact

Photograph of Listing Agent

Bruce S. Preble

Commercial Realty Specialists LLC
SWFLCA Member
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