Fairfax Center | 8.5% CAP Rate | 97% Occupied | 4210 Metro Pky
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Fairfax Center | 8.5% CAP Rate | 97% Occupied 4210 Metro Pky
60,018 SF 94% Leased 4-Star Office Building Fort Myers, FL 33916 £9,812,387 (£163/SF) 8.43% Net Initial Yield
Investment Highlights
- Premier office building reflecting quality and class
- Exquisite lobby with contemporary layout and modern finishes
- Excellent ingress and egress to the building
- Stable in-place cash flow
- Diversified mix of tenants, including long-term government tenants
- Seller Financing Available
Executive Summary
CRE Consultants is pleased to present the exceptional investment opportunity represented by the Fairfax Center building. This prime office space spans an impressive 60,000± square feet and boasts a strategic location in one of the nation’s fastest-growing metropolitan areas.
The building’s interior renovations have infused it with a modern and appealing aesthetic, enhancing its overall appeal. This asset presents an attractive opportunity for the discerning investor seeking stability with a balanced tenant mix and the potential for additional growth. The tenant roster is well-diversified and includes long-term government tenants, further solidifying its investment appeal.
The building’s interior renovations have infused it with a modern and appealing aesthetic, enhancing its overall appeal. This asset presents an attractive opportunity for the discerning investor seeking stability with a balanced tenant mix and the potential for additional growth. The tenant roster is well-diversified and includes long-term government tenants, further solidifying its investment appeal.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
60,018 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1988/2020
Price
£9,812,387
Price Per SF
£163
Net Initial Yield
8.43%
NOI
£826,900
Percent Leased
94%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
20,006 SF
Slab to Slab
13 ft
Building FAR
0.39
Land Acres
3.53 AC
Zoning
CI - Commercial Intensive (City of Fort Myers)
Parking
192 Spaces (3.2 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Route
- Signage
- Waterfront
- Natural Light
- Monument Signage
- Balcony
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
6 MONTHS FREE RENT with a 66 month lease
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 1,987 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 125 | 1,831 SF | Office | Partial Build-Out | Now |
1st Fl-Ste 100
| Size |
| 1,987 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 125
| Size |
| 1,831 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
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1st Fl-Ste 100
| Size | 1,987 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
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1st Fl-Ste 125
| Size | 1,831 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
6 MONTHS FREE RENT with a 66 month lease
PROPERTY TAXES
| Parcel Number | 31-44-25-P4-00300.006A | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £2,267,720 |
PROPERTY TAXES
Parcel Number
31-44-25-P4-00300.006A
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£2,267,720
-
Power Broker Randy Mercer -
CRE Consultants
(239) 481-3800
x204
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Fairfax Center | 8.5% CAP Rate | 97% Occupied | 4210 Metro Pky
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