Catylist ID:
#29818886
| Catylist Listing ID: | 29818886 |
| Property Subtypes: | Free-Standing Building, Street Retail |
| Building Size (RSF): | 7,327 SF |
| Gross Building Area: | 8,189 SF |
| Gross Land Area: | 23,223 SF |
| Sale Price: | $1,195,000 |
| Unit Price: | $163.10 PSF |
| Property Use Type: | Net Leased Investment (NNN) |
| Building Name: | Courtney Plaza |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 10.81% |
| Last Updated: | 11/25/2020 |
Overview / Comments
|
• Courtney Plaza is located on the main North/South business thoroughfare (US 41) and directly across from the EDISON MALL and on the same signalized intersection as entrance to Mall. • This location has great visibility, excellent pylon and marquee signage. • FULLY LEASED • The property has been renovated in 2017 and 2018 with a whole new roof, exterior paint job plus one unit in 2018. • Current Tenants: Bridal Shop, Massage, Auto Insurance, Rent to Own, Cash Advance • Request OM - Confidentiality Agreement Required |
Attachments & Media
Financials
| Finance Data Year | 2020 |
|---|---|
| Net Operating Income | $128,636 (Annual) |
Additional Details
| Nearest MSA: | Cape Coral-Fort Myers |
| County: | Lee |
| Taxing Authority: | Fort Myers |
| Tax ID/APN: | 35-44-24-P3-00068.0090 |
| Zoning: | C-I (COMMERCIAL INTENSIVE) |
| Market Type: | Medium |
| Retail Clientele: | General, Business |
| Property Located Between: | Colonial Blvd. and Winkler Ave. |
| Side of Street: | West |
| Road Type: | Paved, Highway |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Cleveland Ave. (US 41) |
| Feet of Frontage: | 113 |
| Traffic/Vehicle Count: | 49,000 |
| Transportation: | Bus, Highway, Airport, Taxi |
| Highway Access: | U.S. 41 frontage / 5 miles to I-75 exit 136, 20 min. to RSW International |
| Airports: | Southwest Regional International Airport (RSW) |
| Site Description: | Level site with in/out on Cleveland and in/out on Courtney Dr. |
| Area Description: | Major commercial / retail district |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Fair |
| Year Built: | 1970 |
| Year Renovated: | 2017 |
| Roof Type: | Flat |
| Construction/Siding: | Concrete |
| Exterior Description: | CBS |
| Total Parking Spaces: | 27 |
| Parking Ratio: | 3 (per 1000 SF) |
| Parking Type: | Surface |
| Parking Description: | Common |
| Sprinklers: | None |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Package Unit |
| Internet Access: | Cable, DSL, Satellite, T1/T3 |
| Zoning Description: | Commercial Intensive (CI), City of Fort Myers |
| Lot Frontage: | 113 |
| Lot Depth: | 203 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Land Ownership: | fee simple |
| Legal Description: | PARL IN NE 1/4 OF SE 1/4 DESC IN OR 997 PG 788 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,650 | 71,867 | 164,752 |
| Median Age: | 36.49 | 40.03 | 43.62 |
| Households: | 4,408 | 30,652 | 70,846 |
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