4066-4100 Evans Ave
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4066-4100 Evans Ave
2 Office Properties Offered at $3,000,000 in Fort Myers, FL
Investment Highlights
- Fully leased with wait list, upside rent potential, new roof 2017,central location, professionally managed.
Executive Summary
Separate but fully leased, 2 building portfolio, on 1.23 acres. 52 units averaging 215 sf. Occupied
by 47 local tenants on leases averaging 2 years by design, which allows for market rate resets upon expiration. Professionally managed and maintained. New re-roof in 2017. Recent HVAC replacements also. Common areas include, lobby area, breakrooms and atrium. Historically high occupancy with less than 2.5% vacancy with a long wait list. Liberal CI
zoning allows for a multitude of retail, office or medical uses. Property features an attractive 8.1%
CAP rate with considerable upside as leases reset. CALL BROKER FOR OFFERING MEMORANDUM AND FINACIAL DETAILS.
by 47 local tenants on leases averaging 2 years by design, which allows for market rate resets upon expiration. Professionally managed and maintained. New re-roof in 2017. Recent HVAC replacements also. Common areas include, lobby area, breakrooms and atrium. Historically high occupancy with less than 2.5% vacancy with a long wait list. Liberal CI
zoning allows for a multitude of retail, office or medical uses. Property features an attractive 8.1%
CAP rate with considerable upside as leases reset. CALL BROKER FOR OFFERING MEMORANDUM AND FINACIAL DETAILS.
Data Room Click Here to Access
Property Facts
| Price | $3,000,000 | Status | Active |
| Price / SF | $186.68 / SF | Number of Properties | 2 |
| Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 8.10% | Total Building Size | 16,070 SF |
| Sale Type | Investment | Total Land Area | 1.92 AC |
| Price | $3,000,000 |
| Price / SF | $186.68 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Cap Rate | 8.10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,070 SF |
| Total Land Area | 1.92 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Twin Oaks I
4066 Evans Ave, Fort Myers, FL 33901 |
Office | 8,035 SF | 1983 | - |
|
Twin Oaks II
4100 Evans Ave, Fort Myers, FL 33901 |
Office | 8,035 SF | 1984 | - |
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Jim Boback -
Boback Commercial Group
(239) 466-7770
x226
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4066-4100 Evans Ave
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