14,000+ sq ft Retail Location on US 41 in Fort Myers

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30429046
Property Subtypes: Free-Standing Building, Street Retail
Status: Pending/Contingent
Building Size (RSF): 14,177 SF
Gross Land Area: 1.42 Acres
Sale Price: $2,699,000
Unit Price: $190.38 PSF
Property Use Type: Investment, Business
Usable Size (USF): 14,177 SF
Sale Terms: Cash to Seller
Cap Rate: 7.7%
Average Occupancy Rate: 100
Last Updated: 7/2/2019

Overview / Comments

Large, 14,177 sq foot, free standing building located near one of the busiest intersections in Lee County. The area surrounding this building has gone through substantial redevelopment in recent years and the area is a very walkable area. Retail does and will continue to do well in this location, however, property, is suitable for a number of other uses. Currently occupied by a not for profit tenant. This building is concrete block with stucco finish. This location is possibly one of the best in county for a freestanding retail building with surrounding neighbors of Chipotle, Wawa, Polio, Tijuana Flats, Val Ward Cadilac, West Marine, and many others. The Florida Dept. of Transportation lists the average daily traffic counts on this section of US 41 between 52,000-58,000 vehicles per day. This is some of the best exposure in all of SW Florida!

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Taxing Authority: Unincorporated Lee County
Tax ID/APN: 13452406000310010
Zoning: C-2
Retail Clientele: General, Family, Business, Tourist
Property Located Between: Adjacent to PDQ Restaurant and Hessler Floor Covering, Across from Val Ward Cadillac
Property Visibility: Excellent
Largest Nearby Street: US 41 and College Parkway
Feet of Frontage: 195
Traffic/Vehicle Count: 58,000
Highway Access: US 41
Airports: Page Field, RSW
Site Description: located near one of the busiest intersections in Lee County. The area surrounding this building has gone through substantial redevelopment in recent years and the area is very walkabe area. The Florida Dept. of Transportation lists the average daily traffic counts on this section of US 41 Between 52,000 - 58,000
Area Description: Surrounding neighbors of Chipotle, Wawa, Pollo Tropical, Tijuana Flats, Val Ward Cadillac, West Marine, CVS, PDQ, Sherwin Williams and many others.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 14,177 SF
Year Built: 1994
Year Renovated: 2002
Roof Type: Flat
Construction/Siding: Stucco
Exterior Description: Concrete Block with Stucco Finish
Total Parking Spaces: 75
Parking Description: Asphalt with striped lines and curb stops
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL
Interior Description: Large open space with some wood built up floors for retail.. Mostly open with few walls located in the building
Zoning Description: C-2
In Flood Plain?: Yes
Lot Frontage: 195
Lot Depth: 315
Water Service: Municipal
Sewer Type: Municipal
Legal Description: FT MYERS VILLAS UNIT 3A BLK 31 PB 12 PG 91 LOTS 1 THRU 8 LESS RD R/W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,622 69,159 144,303
Median Age: 44.73 47.51 47.27
Households: 7,330 33,292 65,837

Contact

Photograph of Listing Agent

Josh Burdine

Rockstar Realty SWFLCA Member
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