Active
3045 Fowler ST
FORT MYERS FL, 33901
$1,700,000
$211.23 per sqft
Active
8,048 sqft
Commercial
Built in 1981
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
224073635
MLSⓇ ID
September 8, 2024
Listed
December 10, 2024
Updated
Map
3045 Fowler ST
FORT MYERS FL, 33901
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.58 Acres
Other Property Details
Taxes
$10,646
Tax Frequency
Annually
Association Fee
Not Listed
Garage
No
View
No
County
Lee
Pool
No
Zoning
C1
Courtesy of Ethan Schumacher, VIP Realty Group Inc
The IDX display contains information sourced from the Naples Area Board of REALTORS® as of 12/10/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated 3:56 PM UTC, 12/10/2024
