16159 Myriad LnFort Myers, FL 33908
Medical Office Investment: 6.2% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Fee-simple, single-tenant medical office building in Fort Myers, FL, totaling 4,200 square feet.
- 10-year corporate-guaranteed lease with Heartland Dental; 5+ years remaining on initial term, three 5-year renewal options, and 10% rent increases every five years.
- 2020 construction; strong intrinsic value; located directly across from a new Class A apartment complex.
- Excellent location near new residential developments, including multiple apartment complexes and new home communities.
- Proximity to Florida Southwestern State College and Florida Gulf Coast University, plus several shopping centers.
- Heartland Dental is a large, established dental practice with a national presence.
Property Details for 16159 Myriad Ln
- Property type
- Office properties, Medical offices
- Square Feet
- 4,200 SF
- Year Built
- 2020
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 13,068 SF
- Units
- 1
Location Insight
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Latitude
- 26.4950756
- Longitude
- -81.9328081
Nearby Similar for Sale
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