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Evans Avenue Industrial - UNDER CONTRACT

3090 Evans Avenue, Fort Myers, Florida 33901
Sold: $950,000
Evans Avenue Industrial - UNDER CONTRACT

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
12,497 sqft
Land Size
2.06 acres
Sewer
Available
Water
Available
Zoning
IL
Electric
Available
Year Built
1973

Property Description

PROPERTY HIGHLIGHTS:

  • 2.06± acres
  • 12,497± sq. ft. industrial building
  • Zoned Light Industrial
  • Building consists of office, warehouse, and unfinished space
  • Water, sewer, and electric in place
  • Fire sprinkler and fire alarm system
  • 3 separate access points
  • One 10' x 10' roll up door
  • Building will require repairs
  • Sale is subject to Bankruptcy Court approval

LEASE INFORMATION:

  • Gross lease currently operating on month-to-month term
  • Gross rent $93,173.04 / year
  • Expenses $21,173.04 / year
  • NOI $72,000
  • 7.2% Cap Rate

LOCATION HIGHLIGHTS:

  • Prime location positioned at the corner of Metro Parkway and Evans Avenue
  • 1± mile from US-41
  • 4.5± miles from I-75

Location