For Sale
$8,900,000

9299 College PkwyFort Myers, FL 33919

High-Yield Pharmacy/Storefront Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 39,372 square foot retail property, located at 9299 College Parkway in Fort Myers, Florida, presents a lucrative investment opportunity. Built in 1979 and extensively renovated in 2005, the property boasts a prime location on a 4.03-acre lot, offering significant visibility and accessibility. Currently operating at 100% occupancy, the center generates a substantial net operating income of $801,422. The property features 543 parking spaces, providing a generous 5.75 spaces per 1,000 square feet, ensuring ample parking for customers and employees. Zoned C1-A, the property allows for flexibility in future uses. The existing configuration includes a significant back center/call center space and a 1,634 square foot retail storefront, currently occupied by a pharmacy/drug store. This presents a unique opportunity for investors seeking immediate income generation or those interested in redevelopment potential. The seller is open to negotiating early occupancy or redevelopment options, making this a highly adaptable and attractive investment. The asking price for this exceptional property is $8,900,000. This prime location in Lee County, Florida, zip code 33919, offers excellent growth potential and strong returns.

Highlights

  • Existing back-office/call center space.
  • 1,634 SF retail storefront included.
  • 4.03-acre site fronting College Parkway.
  • 543 parking spaces (5.75/1,000 SF).
  • Flexible occupancy and redevelopment options available.
  • Net operating income: $801,422

Property Details for 9299 College Pkwy

Property type
Retail properties, Retail space
Square Feet
39,372 SF
Year Built/Renovated
1979/2005
Lot Size (sq. ft)
175,547 SF

Location Insight

City
Fort Myers
County
Lee
State
Florida
Latitude
26.5551987
Longitude
-81.9079987
9299 College Pkwy, Fort Myers, Florida

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9299 College Pkwy
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