FORT MYERS - Columbus Square - For Sale

Property Overview

3501-3567 Fowler St., Fort Myers, FL 33901

EXCELLENT INVESTMENT OPPORTUNITY THAT OFFERS ESTABLISHED TENANT BASE AND UPSIDE POTENTIAL

ABOUT THE PROPERTY

A 17-unit, value-add neighborhood shopping center at a signalized corner with a mix of national and local tenants. Property uses include Commercial Intensive (Retail, Office, Restaurant). Located on a heavily traveled 4-lane arterial road just minutes to Downtown Fort Myers, US 41 and I -75. 

PROPERTY FEATURES

• Building Size: 31,616± SF
• Lot Size: 2.86± Acres
• New facade in 2016
• Year Built: 1980
• Zoning: C-1 (City of Fort Myers)
• Real Estate Taxes (2018): $40,856
• Occupancy: 85% (11/2018)
• Actual CAP Rate: 8.8% (2018)
• Proforma CAP Rate: 9.9% (2019)
• Parking Ratio: 6.1/1,000 SF (193 Spa
• Tenants include Little Caesar, Subway, Metro PCS, Chiropractor, Bill's 1/2 Price Bedding, Gator Games, Grocery   Market, 2 restaurants and more• Possible expansion or outparcel(s) addition 

Property Details

For Sale:Yes
Property Type:Shopping Center
Subtype:Neighborhood Center
Status:Active
Street Address:3501 Fowler Street
City:Fort Myers
Postal Code:33901
Asking Sale Price:$2,350,000
Building Size:31616 SF
Percent Occupied:80%
Year Built:1980

Don't forget to ask for your FREE property evaluation.

Contact us or call (239) 466-7770.

Serving Southwest Florida:
Fort Myers, Cape Coral, Lehigh Acres, Estero, Bonita Springs, Naples, Port Charlotte, Punta Gorda, Sarasota, Bradenton, Venice and surrounding communities.