1782/1788 Fowler St 2 Properties Offered at $3,431,200 CAD in Fort Myers, FL

Investment opportunity at the center of one of Southwest Florida’s most active commercial corridors with this exceptional opportunity on Fowler Street in Downtown Fort Myers. This highly visible property offers outstanding frontage, convenient accessibility, and immediate proximity to the core of Downtown Fort Myers, US-41, and Business 41. The space consists of 12,669 square feet of block showroom, 2,559 square feet of 2nd-story, mezzanine office, and 3,200 square feet of steel warehouse...a total of 18,428 square feet of gross area).
Surrounded by a dynamic mix of retail, government buildings, industrial, office, residential and service-oriented businesses, the site benefits from strong daily traffic counts and a steadily growing trade area fueled by continued residential and commercial expansion throughout Lee County. The offering is well below replacement cost and can either serve as a favorable investment that will perform even better with adjustments to market rents or provide an owner-user for their location of the future. The triple-net lease has approximately 3 years remaining and is set to expire 10/31/2029. While the Tenant does have (1) 5-year renewal option, it is at Fair Market Value.