Office•Office Building•For Lease

Corkscrew Palms

9510 Corkscrew Palms Circle, Estero, Florida 33928

Lease Rate $17.00 /SqFt NNN
Sale Type Net Lease Investment
Zoning CPD
Bldg Type Multi-Tenant
Class B
Year Built 2003
Stories 1
Cap Rate 6.07%
Vacancy 100%
Gross Bldg 7,775 SqFt
Total Avail 2,524 SqFt
Avail 2,524 to 0 SqFt
Land Area 11 Acres
Ceiling Height 10.0 Ft
Improvements Corkscrew Palms is approximately 11 Acres and is a professional office park. The Village of Estero is also in this park.
Net Op Inc $86,851.5
Market Southwest Florida
Sub-Market Estero
Legal Descr Corkscrew Palms Professional Park
Trophy building fronting Corkscrew Road at the front corner entrance to the Corkscrew Palms office park, this building is one-story with no load factor. Tenants include a medical specialist, salon, Home Builder, and State Farm insurance. Rents are below market and the CAM is temporarily high to pay for an insurance deductible covering roof replacement after Hurricane Irma. ENDCAP UNIT AVAILABLE! The subject property is in a prime location of Estero, south of Corkscrew on the East side of US 41. CPD Zoning includes many uses including Medical & Retail space. Halfway between US41 and I-75 on the south side of Corkscrew Rd. at the entrance to the Estero Community Park
  • Corkscrew Road Frontage
  • Cost Per SF Below Replacement Value
  • New Roof in 2018
  • Below Market Rents with ability to increase NOI quickly
  • Well Maintained Park
  • Parking Ratio of 5+ per 1000sf
  • Medical Impact Fees Paid
  • CPD Zoning allows a wide array of uses
  • Only building in park to include Retail uses
  • Fronts Corkscrew Road
  • Right next to the Village of Estero Government building
  • Gorgeous finishes with lots of windows/natural light
  • 10 minutes from RSW

1 Spaces

Medical
2,524 SqFt
$17.00 NNN
12/23/2019 8:05:12 PM 1/9/2020 4:43:46 PM

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