9962 Interstate Commerce DrFort Myers, FL 33913
- Land
- 0.41 AC
Property Details for 9962 Interstate Commerce Dr
- Lot size
- 0.41 AC
- Zone code
- CPD
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 03-46-25-02-000C1.0000
- APU
- 03462502000C10000
Description
This exceptional 2,250 square foot freestanding retail storefront in Fort Myers, Florida, presents a compelling investment opportunity. Located at 9962 Interstate Commerce Dr, 33913, this newly constructed (2023) property boasts a 100% occupancy rate with a 15-year lease in place, offering significant long-term stability. The lease includes a national corporate guarantee from a prominent US marijuana distributor and features a favorable 3% annual rent increase. The property commands a strong 6.0% capitalization rate, making it an attractive addition to any portfolio. Strategically situated near the Gulf Coast Town Center, a major 1.3 million square foot super-regional shopping destination, this location benefits from exceptional visibility and high traffic volume. Its prime position immediately off Interstate-75, along the rapidly developing Alico corridor, ensures significant exposure to the 106,243 average annual daily traffic count on I-75. This turnkey investment offers a rare combination of strong tenant security, a desirable location, and a compelling financial return. The asking price is $2,250,000. This is a truly exceptional opportunity for discerning investors seeking a stable, high-yield retail investment in a thriving Florida market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $5,389,574
- Hospitality
- $4,936,820
- Educational
- $4,107,377
- Medical
- $4,248,636
- Retail
- $6,389,252
Location Insight
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Latitude
- 26.4937
- Longitude
- -81.7907
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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