11637 Kelly RdFort Myers, FL 33908

Property Details for 11637 Kelly Rd

Year built

2000

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.83 AC

Property size (Sq ft)

10,361 SF

Zone code

C-1A

Property type

Retail properties

Property subtype

Strip malls

APN

06-46-24-00-00003.1000

APU

6462400000031000

Description

This exceptional mixed-use property, located at 11637 Kelly Rd in Fort Myers, Florida, presents a lucrative investment opportunity. The 13,850 square foot building, constructed in 2000, boasts a desirable Class B rating and is currently 100% occupied, generating a substantial net operating income (NOI) of $204,797. The asking price is $3,150,731, representing a compelling 6.50% capitalization rate. The property features eight individual units, encompassing a diverse mix of executive office, flex space, and storefront retail options, catering to a wide range of tenants. Its versatile configuration allows for flexibility in tenant occupancy and income streams. Situated in Lee County, with a C-1A zoning permit, this property benefits from a prime location offering convenient access to Cape Coral, Fort Myers Beach, and Sanibel. The property is offered as a Triple Net (NNN) lease, minimizing landlord responsibilities. This turnkey investment presents a rare opportunity to acquire a high-performing, multi-tenant property in a thriving Florida market. The building consists of one structure and offers significant potential for future appreciation. The price per square foot is $227.49.

Location Insight

City

Fort Myers

County

Lee

State

Florida

Latitude

26.5084

Longitude

-81.9462

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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