For Sale
$12,500,000

4210 Metro PkwyFort Myers, FL 33916

High-yield office building, 97% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional three-story, Class B office building in Fort Myers, Florida offers a compelling investment opportunity. Boasting 60,018 square feet of space (57,356 net rentable), it features a diverse mix of 10 tenants, including long-term government tenants, ensuring stable cash flow. Built in 1986 and renovated in 2020, the property includes 192 parking spaces and sits on a 3.53-acre lot in a CI (Commercial Intensive) zoned area. The building enjoys a strong 8.43% cap rate and a 97% occupancy rate, generating a net operating income (NOI) of $1,053,388. The asking price is $12,500,000 ($208.27/sq ft). The property benefits from a modified lease type with rent bumps, providing potential for future income growth. Seller financing is available. The modern lobby and contemporary finishes enhance the building's appeal. Excellent ingress and egress contribute to its desirability. This stabilized investment presents a strong opportunity for long-term growth and return. The address is 4210 Metro Pkwy, Fort Myers, FL 33916. APN: 31-44-25-P4-00300.006A.

Highlights

  • Seller financing offered.
  • Class A office building.
  • Modern, high-end lobby.
  • Strong, consistent cash flow.
  • Tenant roster includes long-term government leases and diverse businesses.
  • Convenient access and exit points.

Property Details for 4210 Metro Pkwy

Property type
Office properties
Square Feet
60,018 SF
Class
B
Year Built/Renovated
1986/2020
Buildings
1
Stories
3
Lot Size (sq. ft)
153,767 SF

Location Insight

City
Fort Myers
County
Lee
State
Florida
Latitude
26.601263251193
Longitude
-81.851476067532
4210 Metro Pkwy, Fort Myers, Florida

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4210 Metro Pkwy
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