East Way Plaza
4515 Palm Beach Boulevard, Fort Myers, Florida 33905
Sold: $900,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
5,208 sqft
Land Size
0.42 acres
Zoning
C-1
Year Built
1979
Property Description
THE OPPORTUNITY:
- East Way Plaza is a 100% occupied investment opportunity in unincorporated Lee County.
- The property is located along Palm Beach Blvd. between New York Drive and Johnson Avenue. The corner lot with dual access to Downtown Fort Myers and I-75.
- The 5,208± Sq. Ft. retail building has three long-term tenants, all of whom are responsible for the maintenance and upkeep of their respective units.
- A new roof was installed in 2017. Each unit is metered separately for electric and have independent HVAC systems. The parking lot features 21 surface spaces.
- Existing tenants provide $40,000+ in annual rental revenue.
LOCATION HIGHLIGHTS:
- 1.5± miles to I-75
- 3± miles to Downtown Fort Myers
- 3± miles to Business 41
- 3.5± miles to US-41
- 12± miles to SWFL International Airport (RSW)