North Fort Myers, FL 33903

Verizon

Property Address

515 Pine Island Road, North Fort Myers, FL, USA

Offering Summary

  • Price: $1,200,000
  • Lot Size: .46 Acres
  • Cap Rate: 6.50%
  • Year Built: 2006
  • Building SF: 2,400
  • Status: In Escrow
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  • Brand New 10-Year Lease with Verizon
  • 10% Rental Increases Every 5 Years
  • Tenant is the Largest Verizon Retailer in the United States - 700+ Locations
  • 127,231 Residents within a 5-Mile Radius - Growing North Fort Myers Trade Area
  • Outparcel to Walmart
  • Easily Accessible via Pine Island Road (31,500+ Cars/Day)
  • Situated in Major Retail Corridor - Walmart, AMC Theaters, Home Depot, Bealls, Planet Fitness, Sonic Drive-In, Applebee’s, Dollar Tree, and More
  • 60,000 Cars/Day at the Nearby Intersection of Pine Island Road and Cleveland Avenue (Highway 41)

Broker Information