RETAIL-OFFICE-STORAGE INVESTMENT PROPERTY 100% OCCUPIED

Retail-Commercial for Sale
Catylist Listing ID: 30259416
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 17,820 SF
Gross Land Area: 67,770 SF
Sale Price: $1,380,000
Unit Price: $77.44 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: 3680 Evans Avenue
Usable Size (USF): 17,820 SF
Sale Terms: Cash to Seller
Cap Rate: 6.2%
Average Occupancy Rate: 100
Last Updated: 6/28/2018

Overview / Comments

Two tenant property with 5+ years remaining on leases.

Secure investment with strong tenants.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Taxing Authority: City of Fort Myers
Tax ID/APN: 364424P2002001P00
Zoning: BUSINESS 2 (B-2) PLUS STORAGE
Retail Clientele: Business, Tourist
Property Located Between: North of Colonial Boulevard and south of Edison Avenue
Property Visibility: Excellent
Largest Nearby Street: US 41 (Tamiami Trail) 3 blocks west
Highway Access: Two access points on Evans Avenue
Site Description: Rectangular paved site with double loaded parking in front (28 spaces) and large truck court in the rear for over the road truck deliver and additional parking.
Area Description: Office, retail and apartments east of Edison Mall
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Roof Type: Other
Construction/Siding: Block
Parking Type: Surface
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Satellite
Zoning Description: Broad range of uses including retail, office, restaurant, school, storage, etc.
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,437 64,033 147,658
Median Age: 34.47 39.54 43.11
Households: 4,881 26,393 63,255

Contact

Photograph of Listing Agent

Robert B White

Bob White Inc. SWFLCA Member
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