3900 Broadway Ave - Medical FOR SALE


Fort Myers, FL 33901- Page Park
$3,750,000 USD
305-710-3422
3900 Broadway Ave, Fort Myers, FL for Sale
$3,750,000 USD
Medical - FOR SALE
1/15
null | 7% Cap Rate

3900 Broadway Ave
Fort Myers, FL 33901
Page Park


HIGHLIGHTS

  • Well kept and well run buildings
  • Large amount of parking - great for tenants and lowers costs on landscaping
  • Selling for below appraised value

OVERVIEW

Exceptional opportunity to earn passive income. Building is self managed by a lady who is retiring from the industry. Great tenants on long term leases (1-4 years remaining on each), all of which are now paying close to market rate. Ability to add on 4 additional stories per local zoning laws. Irrigation is a local well and grandfathered in, keeping your lawn care costs below $600/month and water bill thousands less than surrounding buildings. Located just across from the soon to be re-developed Edison Mall and Winkler Rd. Incredible visibility, over 2.5 Acres of land and 4 well kept buildings with over 110 parking spaces!

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$1,172 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bldg C

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

115

LAND DETAILS

LAND ACRES

2.79 AC

LAND SF

121,532 SF

ZONING

B-2

APN/PARCEL ID

36-44-24-P1-00015.0000

ASK ABOUT THIS PROPERTY

Marc MiddletonCachon Realty Group. LLCMore Info
305-710-3422

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Marc MiddletonCachon Realty Group. LLCMore Info
305-710-3422

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.