Fort Myers, FL 33901,3045 Fowler ST
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Fort Myers, FL 33901,3045 Fowler ST
Fort Myers, FL 33901,3045 Fowler ST
Fort Myers, FL 33901,3045 Fowler ST
Fort Myers, FL 33901,3045 Fowler ST
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Domain Realty

Domain Realty

Domain Realty

+1(239) 301-4301
$ 1,700,000
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3045 Fowler ST Fort Myers, FL 33901

8,048 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,048 sqft

Price per Sqft $211

MLS Listing ID 224073635

HOA Y/N No

Originating Board Florida Gulf Coast

Year Built 1981

Annual Tax Amount $10,646

Tax Year 2023

Lot Size 0.575 Acres

Acres 0.575

Property Description

This freestanding automotive sales and service center is available for sale as an investment property with a long-term tenant in place. Being offered at a 5% CAP Rate, the current annual gross income is $101,846.40 with 3% annual escalations. The lease has 8 years remaining, expiring on February 28, 2033, with (1) one (3) three-year Option to Renew. The current tenant has been in this same location since 2012 and recently signed a new lease, which includes a personal guarantee. The building is constructed of concrete block and stucco. It has high visibility with 125 feet of frontage on Fowler Street, a pylon sign, and a 27,697 AADT (2024 Annual Average Daily Traffic) per the Lee County TCDS.

Location

State FL

County Lee

Zoning C1

Interior

Inclusions Building And Land

Fireplace No

Exterior

Waterfront Description None

Garage No

Building

Story 1

Level or Stories 1

New Construction No

Others

Senior Community No

Tax ID 25-44-24-P2-00100.015F


SouthWest Florida Naples MLS (NABOR)
Listed by VIP Realty Group Inc • Ethan Schumacher
agent

Domain Realty

NBK3615021

+1(239) 301-4301

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3045 Fowler ST