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Summerlin Bend 1791 Boy Scout Dr

9,382 SF 100% Leased Retail Building Fort Myers, FL 33907 $5,337,784 CAD ($569 CAD/SF) 2.29% Cap Rate

Investment Highlights

  • Fully leased investment opportunity
  • National anchor tenant, Tropical Smoothie Café with corporate guarantee
  • Value add upside due to current below market rents and leases expiring soon
  • Situated on signalized intersection on Boy Scout Dr. & Red Cedar Dr.
  • Visibility from Boy Scout Dr. with pylon signage

Executive Summary

This investment commercial property at 1791 Boy Scout Dr. in Fort Myers, FL 33907 is a retail strip center with a Gross Leasable Area of 9,480 square feet. It is currently 100% occupied by six tenants.
The tenant mix consists mostly of local and regional businesses, with one national tenant, Tropical Smoothie Cafe, serving as the anchor tenant on the end-cap with a drive-thru.
The property has approximately 270 feet of frontage on Boy Scout Dr. and sits at a signalized intersection offering excellent visibility and accessibility.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,382 SF
Building Class
B
Year Built
1999
Price
$5,337,784 CAD
Price Per SF
$569 CAD
Cap Rate
2.29%
NOI
$122,039 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
14’
Building FAR
0.23
Land Acres
0.95 AC
Zoning
B2
Parking
40 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
157 ft on Boy Scout

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • Net
  • -

Tropical Smoothie Cafe is a vibrant and dynamic franchise specializing in delicious, health-conscious smoothies, fresh food, and a relaxed atmosphere. Founded in 1993, the company has grown into a beloved brand known for its commitment to quality ingredients and innovative flavors. With a menu featuring a variety of smoothie blends, salads, wraps, and sandwiches, Tropical Smoothie Cafe aims to provide customers with a nutritious and enjoyable dining experience. The cafe's mission is to inspire healthier lifestyles by serving up food and drinks that are both tasty and healthy, all in a welcoming, tropical-themed environment.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Accommodation and Food Services - - Net -
Bike Score ®
Very Bikeable (74)
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.®

Nearby Major Retailers

Skyline Chili
Crunch Fitness
Bank OZK
Trader Joe's
Regions Bank
Valley National Bank
Steak ‘n Shake
Truist
Suncoast Credit Union
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-45-24-P2-02800.0020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,455,506 CAD
  • Listing ID: 33790644

  • Date on Market: 2024-11-07

  • Last Updated:

  • Address: 1791 Boy Scout Dr, Fort Myers, FL 33907

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