Active
6350 Bayshore RD
NORTH FORT MYERS FL, 33917
$1,300,000
Active
Commercial
Built in 1976
The building at 6350 Bayshore Rd - North Fort Myers, FL 33917 is a great free-standing building with 4,242 sqft under air. The building was built in 1976 but completely remodeled with a limited development order permit in 2006-2007. It has amazing visibility and is located on a heavily trafficked road in a great part of town. The property is a nice cash-flowing building that has fresh paint, new offices, and new floor tiles. Hurricane shutters on all windows and doors. Large lighted pylon sign with visibility from both directions of traffic. The only landlord's responsibility is property taxes. Perfect for 1031 Exchanges. DO NOT APPROACH THE TENANT OR GO TO THE BUILDING WITHOUT AN APPOINTMENT. DRIVE BY ONLY.
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The current tenant has a 3-year lease with an option to renew for 2 additional years. The cap rate ranges from 5.8% (year 1) to 7% (year 5). Rent increases by 5% each year. Contact me for more information. Buyer must honor lease.
223064580
MLSⓇ ID
September 6, 2023
Listed
May 9, 2024
Updated
Map
6350 Bayshore RD
NORTH FORT MYERS FL, 33917
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Heating
Yes
Exterior/Building Features
Lot Size
0.53 Acres
Sewer
Septic Tank
Other Property Details
Area Name
FN08 - North Fort Myers Area
Taxes
$4,864
Tax Frequency
Annually
Days on Market
147
Garage
No
View
No
County
Lee
Pool
No
Buyer Agency Compensation
3%
Listed by Tony Price, Priceless Realty
Listing Contact: 239-410-7921
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Adolfo Diaz shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 4:06 PM UTC, 5/9/2024