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Off Market
1/15

9961 Interstate Commerce Dr
Fort Myers, FL 33913


HIGHLIGHTS


OVERVIEW

SVN | KOVA Naples is pleased to present 9961 Interstate Commerce Drive, a 44,423 square foot retail / office building situated on 3.38 acres located in the booming south Ft. Myers / Florida Gulf Coast University submarket, Ft. Myers is currently the #1 fastest growing city in the United States. The Alico Business Center is easily accessible from North Fort Myers, Estero, Bonita Springs, and Naples. The property is located in a well established retail pocket located between Corkscrew rd & Alico rd. It's less than a 1/4 mile from Interstate 75, 4.7 miles from Southwest Florida International Airport, 4.2 miles from Florida Gulf Coast University (14,673 student population) and less than 1/2 mile from the 1,000,000 +/- square foot Gulf Coast Town Center. There are also numerous national hotel chains, and national restaurant retailers that are located within the Master Association. Built in Lease escalations, stable / below market Lease rates, and a 9.6% vacancy rate make this an attractive investment with plenty of future upside value. The Alico Business Center receives ingress / egress from three separate locations within the property and an additional three points of ingress / egress from Alico Rd. & Ben Hill Griffin Parkway. There is a total of 22,000 +/- square feet of first floor retail and 22,000 +/- square feet of 2nd floor office space. The property has 243 parking spaces on site with additional parking available within the Master Association. The building has been professionally managed and is in excellent condition with no deferred maintenance. The parking lot has been re-sealed as of 11/30/18.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Alico Business Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

48000

STORIES

2

YEAR BUILT

2012

SPRINKLERS

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PARKING SPACES

243

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

03-46-25-01-0000K.0000