6238 Presidential Ct - Medical FOR SALE


Fort Myers, FL 33919- Whiskey Creek
$1,300,000 USD
239-936-1718
6238 Presidential Ct, Fort Myers, FL for Sale
$1,300,000 USD
Medical - FOR SALE
1/38
null | 8.35% Cap Rate

6238 Presidential Ct
Fort Myers, FL 33919
Whiskey Creek


HIGHLIGHTS

  • Stabilized, Income-producing asset with strong historical occupancy
  • Long-standing tenant base
  • Central Fort Myers location with High visibility from Summerlin Rd
  • Desirable suburban office submarket. Established Professional Office park
  • Accessible to Summerlin Rd, College Pky, US-41
  • Attractive to 1031 buyers

OVERVIEW

6238 PRESIDENTIAL COURT IS A WELL OCCUPIED AND INCOME PRODUCING OFFICE BUILDING located just off Summerlin Road in the heart of Fort Myers. The property features long standing tenants, strong historical occupancy, and excellent accessibility to College Parkway and US-41. Offered at $1,300,000, this asset produces a current NOI of $104,500, bringing in a current 8.04% Cap Rate. Existing rents are below market rates, creating a value-add opportunity through lease rollover and rent adjustments. At a conservative $20/sf rental rate, projected NOI supports a 10.57% stabilized Cap Rate offering a compelling upside for investors seeking both income and appreciation. The building benefits from rear elevation visibility from Summerlin Road, providing additional signage and branding potential. Ideal for investors pursuing 1031 Exchange placement or strategic yield enhancement in one of Fort Myers’ most established office corridors. Projected stabilized cap approaching 8–10% as rents move toward market levels

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

8.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

CT

APN/PARCEL ID

14-45-24-34-00000.0350

ASK ABOUT THIS PROPERTY

Dan SmithCRE ConsultantsMore Info
239-936-1718

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Dan SmithCRE ConsultantsMore Info
239-936-1718

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