Financials

Target Cash-on-Cash for Investors (after fees):

8% per annum 

Target Combined Return on Investment (ROI)  

18- 33% per annum 

Price/Rentable Sq Ft:

$206

Net Operating Income (NOI):

$1,053,388

Occupancy:

97%

Tenancy (10 tenants):

Including

• Internal Revenue Service

• Florida Department of Financial Services

• Florida Department of Health

• Chicago Title Insurance

• Weston and Sampson Engineering

Property

Square Footage:

60,018

Lot Size (acres):

3.53

Year Built / Renovated:

1986 / 2021

Parking (spaces):

192

Buildings:

1

Zoning:

CI- Commercial Intensive

Local Vacancy Rate:

5.2%

Market Demographics: 

Fort Myers is the fastest growing major US city - US News (2024)