Multi-tenant office portfolio Office FOR SALE


Fort Myers, FL - Page Park
$2,850,000 USD
864-315-3734
, Fort Myers, FL for Sale
$2,850,000 USD
Office - FOR SALE
1/3
null | 7% Cap Rate

Multi-tenant office portfolio
Fort Myers, FL
Page Park


HIGHLIGHTS

  • 11,000 +- SF Office Investment on Over 1.28 Acres
  • Prime Ft Myers Location
  • Over 40 Tenants / 52 Units/ Diverse Rent Roll
  • Well-maintained, Extensive CapEx Performed in 2023 and 2024
  • More Upside Potential By Increasing Rents / Low Vacancy
  • Projected NOI for 2025 $210,000-$215,000+

OVERVIEW

Sperry-Griffin Partners presents this excellent office multi-tenant investment opportunity in the heart of Ft Myers, Florida. The deal consists of two adjacent office buildings. The 4066 building is approximately 5,885± RSF and consists of 26 units. The 4100 is approximately 6,006± RSF, consisting of 26 units. Enjoy reduced risk with a large, diverse tenant base that includes massage therapists, locksmiths, administrative offices, beauty salons, and tax services, to name a few. Buildings are well-maintained with extensive CapEx repairs and improvements in 2023 and 2024. Owner has one on-site manager who handles leasing as well as simple repair work. Leases are short and mid-term. All leases are modified gross; the owner pays water and trash, tenants pay power (with exception of 1 unit, inquire with Broker). Buildings include an exterior courtyard feel with well-maintained sidewalks and landscaping. Rent roll and financials only after Broker prequalifies and receipt of signed NDA.

ASK ABOUT THIS PROPERTY

Mark GriffinSperry-Griffin PartnersMore Info
864-315-3734

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Mark GriffinSperry-Griffin PartnersMore Info
864-315-3734

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