For Sale
$12,500,000

10501 6 Mile Cypress PkwyFort Myers, FL 33966

Fully Leased Office Park, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 12.65-acre, fee-simple office park in Fort Myers, Florida, presents a compelling investment opportunity. The property comprises nine buildings totaling 72,712 square feet, with 57,860 square feet of net rentable office space. Currently boasting 100% occupancy across 48 tenants in 63 units, this stabilized investment offers a 6.00% cap rate and a strong, diversified tenant mix. Built between 1991 and 2010, with renovations completed in 2014, 2019, and 2024, the property features a mix of office suites, virtual offices, and executive suites. Located on Ben C Pratt 6 Mile Cypress Parkway, it enjoys prime visibility and convenient access to I-75, Southwest Florida International Airport (RSW), and nearby communities. The property's Planned Unit Development (PUD) zoning allows for a variety of permitted uses. The asking price is $12,500,000. This well-maintained, campus-style park offers a blend of short and long-term leases with attractive rent escalations, ensuring a consistent and growing income stream. The property's location adjacent to a nature preserve provides a unique and desirable work environment.

Highlights

  • Stable Net Operating Income (NOI).
  • Long-term tenant base.
  • Mix of short-term and long-term leases.
  • Built-in rent escalations.

Property Details for 10501 6 Mile Cypress Pkwy

Property type
Office properties
Square Feet
72,712 SF
Class
B
Year Built/Renovated
1991/2014
Buildings
9
Stories
1
Lot Size (sq. ft)
551,034 SF
Units
63

Location Insight

City
Fort Myers
County
Lee
State
Florida
Latitude
26.593677897008
Longitude
-81.812407995773
10501 6 Mile Cypress Pkwy, Fort Myers, Florida

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10501 6 Mile Cypress Pkwy
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