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1902-1918 Boy Scout Dr

18,144 SF 100% Leased Retail Building Fort Myers, FL 33907 £4,694,700 (£259/SF) 4.89% Net Initial Yield

Investment Highlights

  • Very heavy traffic

Executive Summary

Great corner at US 41 and Boyscout Dr Frontage on both Boyscout Dr and US 41
The center is getting new roofs on all buildings, New siding on Aquarium building. New canopy decking and lighting. Completely rehabbed marquis sign, all from Hurricane Ian damage. $500,000 upgrade in process.

Attachments

Folks_PLaza Rent Roll 5.13.2021
Katies Park_L2-4_BND_DigSigned

Property Facts

Sale Type
Investment
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
18,144 SF
Building Class
C
Year Built
1985
Price
£4,694,700
Price Per SF
£259
Net Initial Yield
4.89%
NOI
£229,441
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Slab to Slab
12 ft
Building FAR
0.25
Land Acres
1.69 AC
Zoning
C-1 - C-1 Retail Shopping Plaza
Parking
104 Spaces (5.96 Spaces per 1,000 SF Leased)
Frontage
310 ft on Boy Scout

Amenities

  • Bus Route
  • Dedicated Turn Lane
  • Signalised Intersection

About 1902-1918 Boy Scout Dr , Fort Myers, FL 33907

3 buildings with stable tenants 100% leased Short leases for redevelopment opportunity No one wishes to leave.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Aquarium
  • -
  • -
  • -
  • -
  • Downtown Vapor Inc
  • -
  • -
  • -
  • -
  • Man Cave Retreat Barber
  • -
  • -
  • -
  • -
  • Petra Mediterainian Market
  • -
  • -
  • -
  • -
  • Wok Cuisine-Chinese Restaurant
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Aquarium - - - -
Downtown Vapor Inc - - - -
Man Cave Retreat Barber - - - -
Petra Mediterainian Market - - - -
Wok Cuisine-Chinese Restaurant - - - -
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Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Regions Bank
Valley National Bank
Crunch Fitness
Skyline Chili
Cross Fit Thoroughbreds
Rent-A-Center
ALDI
Bank OZK
Trader Joe's
Lenny's Franchisor, LLC Support Center

PROPERTY TAXES

Parcel Number 11-45-24-P2-00200.0020 Improvements Assessment £0
Land Assessment £0 Total Assessment £1,532,595

PROPERTY TAXES

Parcel Number
11-45-24-P2-00200.0020
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,532,595
(239) 633-8672

  • Listing ID: 16548969

  • Date on Market: 08/07/2019

  • Last Updated:

  • Address: 1902-1918 Boy Scout Dr, Fort Myers, FL 33907

The Retail Property at 1902-1918 Boy Scout Dr, Fort Myers, FL 33907 is currently available For Sale. Contact Krise Commercial Group, LLC for more information.

Nearby Listings

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© 2024 CoStar Group

1902-1918 Boy Scout Dr
(239) 633-8672 x

1902-1918 Boy Scout Dr

Randy Krise

(239) 633-8672

(239) 633-8672

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