17501 Harbour Point Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
17501 Harbour Point Dr
14,000 SF 100% Leased Retail Building Fort Myers, FL 33908 £5,401,032 (£386/SF) 7.75% Net Initial Yield
Investment Highlights
- Restaurant has been in business since December 2017, with the current initial 10-year lease expiring November 30, 2027 with 3, 5-year renewal options
- Home to a well- known local restaurant brand that attracts both tourists and locals.
- Potential for significant income from current tenant Bimini Bait Shack. Income percentage-based lease in place
- Bait Shack can generate a lucrative monthly income of $4,000 or more.
- 2.75 Million tourists coming to the area each year. Generating more than $96.5 billion in spending.
Executive Summary
Invest in a property that not only offers a beautiful waterfront setting but also promises strong income potential and a resilient structure. Seize this unique opportunity to own a prime commercial property in a highly sought-after location. Property only—no business operations included. Enjoy hassle-free ownership. Restaurant has been in business since December 1, 2017, with the current initial 10-year lease expiring November 30, 2027, with 3, 5-year renewal options available. Potential for significant income from current tenant Bimini Bait Shack. Income percentage-based lease in place with a 6% rate up to 4 million and 6.5% on anything over. The on-site Bait Shack can generate a lucrative monthly income of $4,000 or more. The scheduled opening coincides with the reopening of the Punta Rossa boat ramp July of 2025.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
14,000 SF
Year Built/Renovated
1984/2014
Price
£5,401,032
Price Per SF
£386
Net Initial Yield
7.75%
NOI
£418,580
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.10
Land Acres
3.28 AC
Zoning
CT
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Bimini Bait Shop
- Accommodation and Food Services
- 5,088 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Bimini Bait Shop | Accommodation and Food Services | 5,088 SF | - | - |
PROPERTY TAXES
| Parcel Number | 09-46-23-00-00002.0000 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £1,426,283 |
PROPERTY TAXES
Parcel Number
09-46-23-00-00002.0000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,426,283
-
Power Broker Shawn Stoneburner -
Power Broker Gary Tasman -
Cushman & Wakefield |Commercial Property Southwest
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
17501 Harbour Point Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.