ADVISORY AND TRANSACTIONAL SERVICES FOR SELLERS AND INVESTORS

Shoppes at University Plaza – Fort Myers, FL – NN Lease

10041 University Plaza Drive
Sold

SOLD PRICE: $7,600,000
CAP RATE: 6.62%

PROPERTY HIGHLIGHTS:

  • Located at main entrance to Gulf Coast Town Center with 1.7M square feet of retail space
  • New construction and great location with easy access from I-75
  • Local and national, corporate-guaranteed tenants
  • Florida has NO STATE INCOME TAX
  • Close proximity to Florida Gulf Coast University (11,291 students enrolled) and Southwest Florida International Airport (7.3M annual passengers)
  • Over 104,000 people, with an average household income of $85K+, within seven miles
  • There are no features available

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$7,600,000

16,865 sf

Price:

$7,600,000

Cap Rate:

6.62%

Building Size:

16,865 sf

SF Land Area:

1.99 acres

Current NOI:

$503,285

Lease Type:

NN

Remaining Term:

5-10 Years

Status:

Closed

CONTACT BROKER

Michael Zimmerman

(919) 391-9901

Download Offering Memorandum
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