Single Tenant Investment Opportunity
3388 Fowler Street, Fort Myers, Florida 33901
Sold: $1,149,500
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
8,500 sqft
Land Size
1.1 acres
Zoning
C1
Property Description
Investment Summary:
- Current NOI: $106,800
- Cap Rate: 8.25%
Investment Highlights:
- New 5 Year NNN Lease
- Minimal Landlord Responsibility
- The Lease is Personally Guaranteed
Premises:
- 1.1 +/- Acres
- Main Showroom: 4,465 +/- SF (3,070 SF under air)
- Rear Building: 4,188 +/- SF
- $400,000+ in recent improvements
Located on Fowler Street between Hanson Street and Winkler Road in Fort Myers