Retail•Neighborhood Center•For Sale

Gladiolus Commons

9681 Gladiolus Drive, Fort Myers, Florida 33908

Sale Price $3,395,000
Sale Type Investment
Zoning CPD
Bldg Type Multi-Tenant
Class B
Year Built 2006
Stories 2
Cap Rate 6.43%
Vacancy 100%
Gross Bldg 20,623 SqFt
RBA 20,623 SqFt
Land Area 1.84 Acres
Avail Parking 7/1000SqFt
Ceiling Height 14.0 Ft
Net Op Inc $218,233.88
This 20,623 +/- two story office and retail office building built in 2006 to the highest standards consist of 10 fully build-out units. This investment opportunity is located within a mile of Health Park Medical Center. This investment asset is offered below replancement cost with in-place leases well below current market rents. This is a NNN real estate asset with professional management in-place. SWFL has strong economic fundimentals and is one ot the top 5 growth markets in the United States. This 2815 SQFT space has the right energy for your business! High ceilings with architectually interesting rafters and beams giving the space a really positve energy as soon as you enter the space. This space is perfect for creative types looking for an inspiring space to motivate your team everday. The open modern space with 20 foot high ceilings with exposed beams would be perfect for your start-up tech company, marketing/advertising agency, financial services/accounting firm, medical spa, personal training gym, call center and executive office space. Just west of Bass Road on Gladiolus Drive, less than 1 mile from Health Park one of the top rated children hospitals in the country. This well maintained two story office/retail center has excellent visibility from Gladiolus Drive and plenty of parking for the most intense user.
  • Great Location
  • Below Market Rents
  • Good Tenant Mix
  • Well Built and Maintained
  • Priced Below Replacement Cost
  • 100% Occupied
  • Value Add Opportunity
  • Upscale Finishes
  • Lease Incentives Available
  • Highly Visible Sigage
  • Ample Parking
9/13/2019 4:45:21 PM 11/18/2019 5:42:04 PM
Nicholas Paulus
Managing Broker/Principle
Invest Florida, LLC
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