Jack's Place is a mixed-use waterfront investment or re-development opportunity. Occupying the 9,208 sf of office space is a major national law firm. This space is comprised of 16 offices all with water front views, 1 (one) 1,200 SF conference room with panoramic views of the Caloosahatchee River and 1 (one) 1,150 SF open work area. The front unit is a 4,683 SF office that was just leased for three years at a beginning rental rate of $12.00 psf gross. This three year lease expires April 2023. The total collected income in place as of May 9, 2020 is now $222,121.00. There is also an 11,023 Sf open area that could be used a collaborative office, wedding venue, or residential re-development for high end condos. Included in this 11,023 sf is an office space with 16 ft. high ceilings, five (5) executive offices, and an outdoor patio area with panoramic views of the Caloosahatchee River. This site could also be re-developed into six story condo units with up to 84 units. Free trolley stop next door at Oasis Towers to downtown historic Fort Myers is 0.9 miles away. The only previous tenant since extensive renovation and upgrade to include what is equivalent to T3 bandwidth, was a major law firm that handles periodic trials in the County, State and Federal court systems in downtown Fort Myers, 0.9 miles away. The riverfront parcel is zoned Commercial General with homestead use for part of the building space. The adjacent parcel is a 0.41-acre lot is zoned RM-16 and suitable for additional parking or residential units. Jack’s Place is currently producing $222,121.00 in annual rent and has a potential of $315,816.50.00 in rent annually with no improvements. A copy of an MAI appraisal as of Nov. 2017 with a value of $3,150,000.00 is available. Additional Highlights: • New Firestone roof with remaining 12-year warranty until 2031 on 13,100 feet of roof. • Walking distance (0.9 miles) to Historic Downtown River District and Government Municipalities • Property has been upgraded to the equivalent T3 bandwidth • Recent appraisal completed in Nov. 2017 • All upgraded sewer line and system