Downtown Income Property

Industrial for Sale
Catylist Listing ID: 30233677
Property Subtypes: Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 10,182 SF
Gross Building Area: See Agent
Sale Price: $595,000
Unit Price: $58.44 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/16/2019

Overview / Comments

This climate controlled storage building fronts both State Road 82 and Lemon Street. Conveniently located just minutes from downtown Fort Myers across from the Imaginarium, between the signalized intersections of Evans Avenue and Cranford Avenue. The property has served as secured storage for a medical tenant since 2005. It’s leased through the 3rd Quarter 2019. Tenant has an option to renew for 3 years. Current income is $30,000± / year net.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 13-44-24-P3-00614.0140
Zoning: CG & NR1
Area Description: Dr Martin Luther King Jr Boulevard just east of Evans Avenue
Year Built: 1942

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,448 58,229 140,646
Median Age: 39.16 38.28 42.87
Households: 3,998 23,042 58,656


Photograph of Listing Agent

Stan Stouder

CRE Consultants
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