For Sale
$235,000

1705 Colonial BlvdFort Myers, FL 33907

Fort Myers Office Condo - NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1,195 square foot executive office condo, located at 1705 Colonial Blvd Unit C4, Fort Myers, FL 33907, presents a compelling investment opportunity. Situated in Lee County, this property boasts a prime location with optimal visibility and accessibility, benefiting from the high daily traffic volume of 55,500 vehicles on Colonial Boulevard. The building, constructed in 1985 and renovated in 1992, is a two-story structure with NC zoning. Currently, the space is 100% occupied under a triple-net (NNN) lease agreement with a single tenant. The lease commenced on February 1st, 2024, and expires on March 1st, 2027, with a three-year renewal option. The annual lease increase is tied to the Consumer Price Index (CPI) plus 1%. This turnkey investment offers a secure and stable income stream with significant upside potential. The asking price for this meticulously maintained property is $235,000. Don't miss this chance to acquire a high-demand office space in a thriving Fort Myers location.

Highlights

  • 1,195 SF office condo investment opportunity.
  • Triple-net (NNN) lease in place, 3 years with a 3-year option.
  • Annual rent increases at CPI + 1%.
  • High visibility and excellent accessibility.
  • Located on a major thoroughfare with high daytime traffic.
  • Colonial Blvd boasts 55,500 cars per day (CPD).

Property Details for 1705 Colonial Blvd

Property type
Office properties
Square Feet
1,195 SF
Year Built/Renovated
1985/1992
Stories
2

Location Insight

City
Fort Myers
County
Lee
State
Florida
Latitude
26.5588224
Longitude
-81.8716058
1705 Colonial Blvd, Fort Myers, Florida

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1705 Colonial Blvd
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