Overview

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  • Status: Active
  • Parking No info
  • Size: No info
  • Price Per: No info/No info
  • Type: Commercial/Investment
  • Built: 1981
  • HOA: No info
  • MLS Number: 224073635
  • View No info
  • On Site: 81 days
  • Updated: 81 Days Ago
  • Page Views: 1

This freestanding automotive sales and service center is available for sale as an investment property with a long-term tenant in place. Being offered at a 5.2% CAP Rate, the current annual gross income is $98,880 with 3% annual escalations. The lease has 8 1/2 years remaining, expiring on February 28, 2033, with (1) one (3) three-year Option to Renew. The current tenant has been in this same location since 2012 and recently signed a new lease, which includes a personal guarantee. The building is constructed of concrete block and stucco. It has high visibility with 125 feet of frontage on Fowler Street, a pylon sign, and a 25,500 AADT (2023 Annual Average Daily Traffic) per the FDOT. 8,048± SF Includes 1,440± SF Finished Carport

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Price History

DateEventPriceChange RatePrice Per
09/08/2024Listed$1,700,000.00$211.23 ft2/$2,273.69 m2

Features

Property Details for 3045 Fowler, Fort Myers, FL 33901

Commercial/Investment current status is Active, 3045 Fowler is a Commercial/Investment in , Fort Myers, FL 33901 with property MLS ID# 224073635. This Commercial/Investment has been listed on Best of Luxury Realty since September 08, 2024 and is currently priced at 1,700,000. This property was built in 1981.
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Luis Venegas
Luis Venegas
Real Estate Advisor
Office: (239) 690-6170
Specialties:
Luxury Communities, Waterfront Single Family Homes
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This property is courtesy of the VIP Realty Group Inc. This listing has been viewed 1 times. 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. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. 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.

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