1902-1918 Boy Scout Dr
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1902-1918 Boy Scout Dr
18,144 SF 100% Leased Retail Building Fort Myers, FL 33907 $8,428,080 CAD ($465 CAD/SF) 4.89% Cap Rate
Investment Highlights
- Very heavy traffic
Executive Summary
Great corner at US 41 and Boyscout Dr Frontage on both Boyscout Dr and US 41
The center is getting new roofs on all buildings, New siding on Aquarium building. New canopy decking and lighting. Completely rehabbed marquis sign, all from Hurricane Ian damage. $500,000 upgrade in process.
The center is getting new roofs on all buildings, New siding on Aquarium building. New canopy decking and lighting. Completely rehabbed marquis sign, all from Hurricane Ian damage. $500,000 upgrade in process.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
18,144 SF
Building Class
C
Year Built
1985
Price
$8,428,080 CAD
Price Per SF
$465 CAD
Cap Rate
4.89%
NOI
$411,900 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.25
Land Acres
1.69 AC
Zoning
C-1 - C-1 Retail Shopping Plaza
Parking
104 Spaces (5.96 Spaces per 1,000 SF Leased)
Frontage
310 ft on Boy Scout
Amenities
- Bus Line
- Dedicated Turn Lane
- Signalized Intersection
About 1902-1918 Boy Scout Dr , Fort Myers, FL 33907
3 buildings with stable tenants 100% leased Short leases for redevelopment opportunity No one wishes to leave.
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Aquarium
- -
- -
- -
- -
- Downtown Vapor Inc
- -
- -
- -
- -
- Man Cave Retreat Barber
- -
- -
- -
- -
- Petra Mediterainian Market
- -
- -
- -
- -
- Wok Cuisine-Chinese Restaurant
- -
- -
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Aquarium | - | - | - | - | ||
Downtown Vapor Inc | - | - | - | - | ||
Man Cave Retreat Barber | - | - | - | - | ||
Petra Mediterainian Market | - | - | - | - | ||
Wok Cuisine-Chinese Restaurant | - | - | - | - |
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 11-45-24-P2-00200.0020 | Improvements Assessment | $0 CAD |
Land Assessment | $0 CAD | Total Assessment | $2,716,265 CAD |
PROPERTY TAXES
Parcel Number
11-45-24-P2-00200.0020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,716,265 CAD
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1902-1918 Boy Scout Dr
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