INVESTMENT PROPERTY | NATIONAL TENANT | 11% CAP RATE

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2525 Fowler Street , Fort Myers, FL 33901

Listing Description

SOLD! This automotive service facility is located on the east side of Fowler Street between Franklin and Dora Streets.  The Tenant, AAMCO Transmission & Total Car Care has 6 years remaining with 1 - 5 year Option to Renew on its Triple Net Lease.  The current net operating income indicates an overall capitalization rate of 11%.

Additional Information:

  • Current NOI $28,500
  • Property Taxes 2014 ($3,151.55)
  • Zoning:  CI (Commercial Intensive) within the City of Fort Myers
  • Frontage:  Approx. 110 feet on Fowler Street
  • Building Layout:  1,000± SF Office/3,000± SF Warehouse
  • Overhead Doors:  (3) Bay Doors each with (1) lift and room for (2) cars

 

Additional Information

Investment
1974
.32± Acres (14,000± SF)
4,000± SF
24-44-24-P3-0230B.0210
11%

Agent Information

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Lisa Farrell-Sands

Email: lsands@vipcommercial.com
Phone: (239) 489-3303
Cell Phone: (239) 470-5582

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