9962 Interstate Commerce DrFort Myers, FL 33913

  • Land
  • 0.41 AC
For Sale
$2,250,000 View listing

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
9962 Interstate Commerce Dr, Fort Myers, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,925
$355,020
$2,778
$357,798
-
$355,020
$2,778
$357,798

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