ADVISORY AND TRANSACTIONAL SERVICES FOR SELLERS AND INVESTORS

Mattress Firm – Fort Myers, FL – NN Lease

9970 Interstate Commerce Drive
Sold

SOLD PRICE: $2,300,000

  • New 2015 construction
  • National tenant with the largest geographic footprint in the United States (1,900+ locations) among multi-brand mattress specialty retailers
  • Great location with easy access from I-75; across from Gulf Coast Town Center with 1.7M square feet of retail space
  • Florida has NO STATE INCOME TAX
  • 10% rent increases every 5 years and options to extend lease
  • $88K+ average household income within a 1 mile radius; 60,000+ people in a 5 mile radius
  • Close proximity to Florida Gulf Coast University (11,291 students enrolled) and Southwest Florida International Airport (7.3M annual passengers)
  • There are no features available

$2,300,000

4,050 square feet

Price:

$2,300,000

Building Size:

4,050 square feet

SF Land Area:

0.62 acres

Current NOI:

$135,000

Lease Type:

NN

Remaining Term:

Eleven (11) Years

Status:

Closed

CONTACT BROKER

Michael Zimmerman

919-391-9900

Download Offering Memorandum
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