18070 S Tamiami 105
Fort Myers, FL, 33908

$285,000 | Commercial | Bed - 0 Bath

Bookmark and Share


A VALUE ADD Investment opportunity with a 7.0% CAP rate and just under 2 years left on the existing lease. Current rent at $10.30 psf is well below market and when the lease expires (no tenant options to extend) in April of 2021 you can boost your return by obtaining a higher rental rate that more closely matches the market, around $12 psf currently.This is a triple net lease with tenant, Crave It Fitness, paying all pass-through expenses (condo fees, real estate taxes, etc.) in addition to the base rent of $19,879 per year. Lease also includes a provision that lease can be terminated upon sale of the property, so your buyer may have the tenant vacate with 30-days notice if desired. The property is located in Preserve Plaza, a 16-unit retail/office strip center in San Carlos with great visibility to US 41/S Tamiami Trail. PRESERVE PLAZA COMMERCIAL CONDO DESC OR 4617 PG 3008 UNIT 105

Status: A
Area: FM18 - Fort Myers Area
Acreage: .71
Year Built: 2005
Taxes: $2,556.00
SqFt: 1,930


Listing Office: SWFL Properties, LLC - MLS ID: 219039882
18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

18070 S Tamiami 105, Fort Myers, FL, 33908

Request Information on home for sale
The data relating to real estate for sale or rent on this website comes in part from the Broker Reciprocity Program (BR Program) of Multiple Listing Service of Naples, Inc.
Those properties marked with the BR Program Icon and/or BR House Icon are provided courtesy of the M.L.S. of Naples, Inc.'s, BR Database.
The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Detailed information about such properties includes the name of the listing Brokers. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Listings last updated:. Updating occurs nightly. Some properties that appear for sale on this website may subsequently have sold and may no longer be available.
Properties listed with brokerage firms other than that VIP Realty are marked with the BR Program Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program.