$1,300,000 $6,979 est/mo Sourced by Back At You

6350 Bayshore Rd,NORTH FORT MYERS, FL 33917

NORTH FORT MYERS FL, 33917

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Description

The building at 6350 Bayshore Rd - North Fort Myers, FL 33917 is a great free-standing building with 4,242 sqft under air. The building was built in 1976 but completely remodeled with a limited development order permit in 2006-2007. It has amazing visibility and is located on a heavily trafficked road in a great part of town. The property is a nice cash-flowing building that has fresh paint, new offices, and new floor tiles. Hurricane shutters on all windows and doors. Large lighted pylon sign with visibility from both directions of traffic. The only landlord's responsibility is property taxes. Perfect for 1031 Exchanges. DO NOT APPROACH THE TENANT OR GO TO THE BUILDING WITHOUT AN APPOINTMENT. DRIVE BY ONLY. . The current tenant has a 3-year lease with an option to renew for 2 additional years. The cap rate ranges from 5.8% (year 1) to 7% (year 5). Rent increases by 5% each year. Contact me for more information. Buyer must honor lease.

Details

MLS#223064580
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1976
Days On Site31
Listing Provided ByPriceless Realty | Tony Price

Features

Story(s)1
ZoningC-1A
Acreage0.53
Water FrontYes

Market Activity 33917

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Naples Area Board of REALTORS.

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Learn More About This Property

StateFL
CountyLee
CityNORTH FORT MYERS
Zip Code33917
Listing VS Median (in 33917)
Price:
$1,300,000
low | high
Med:
$299,900
100% of Average
On Site:
31
low | high
Med:
9.000000
100% of Average
Sourced by Back At You
Listing Updated: April 20, 2024 at 12:04:39 AM PDT