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Industrial Investment

2840 South Street, Fort Myers, FL 33916

Property Type:
Industrial
Size:
34,615± SF Total
Asking Price:
$3,275,000
Price/Sq. Ft.:
$95.00 PSF

Property Resources

Property Highlights

  • 6.5% CAP Rate
  • Phase I (2016) stating No Recognized Environmental Conditions
  • Fenced secured yard
  • 1 Dock high door with dock plate
  • Pre-engineered Dean Steel building
  • 6 Wall mounted exhaust fans
  • Rare heavy industrial zoning
  • 10 minutes to I-75, Exit 138

Site is situated in a Lee County Opportunity Zone, providing tax incentives to investors

The current owner, Creative Door and Millwork, was founded in 2003 and is a distributor of residential, commercial and custom doors. They are a preferred vendor to one of the regions most prestigious and largest builders. Their 2021 gross revenue was in the low eight figures. They will leaseback 100% of this property for 5 years at $6.15 PSF NNN + OpEx, not to exceed $1.85 PSF in year one. This 1.48± acre corner lot offers access from 2 streets. The property is improved with 2 buildings totaling 34,615± SF, approximately 3,300± SF of that is finished space.

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Fill out the form below to contact the listing agent and request additional information.

stan stouder, CCIM

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