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8821 Business Park Dr - Suite 406 1,950 SF Flex Condo Unit Offered at $615,173 CAD in Fort Myers, FL 33912



Investment Highlights
- 7.7% CAP Rate
- Great Location
- 5 parking + customer parking
- Recently Updated
- 20ft roll up door
- Mezzanine and 12X12 Storage Rack
Executive Summary
Investor Alert!!! 7.7% CAP Rate: Seller would prefer a 2 year lease back. Industrial flex condominium available for sale in the highly desirable Alico Road Business Park. This well-maintained business park offers excellent access to major transportation corridors including I-75 and US-41, and is just minutes from Southwest Florida International Airport, making it an ideal location for businesses serving the greater Fort Myers, Estero, and Bonita Springs markets. The 1950 square foot unit features a functional office/warehouse layout designed to accommodate a variety of commercial uses including contractor offices, light manufacturing, service businesses, distribution, showroom, or general warehouse operations. The front portion of the space is built out with 2 private offices, a reception or showroom area, and a restroom, creating a polished environment for staff and visiting clients. Nicely updated with newly installed flooring and fresh paint. The rear portion of the unit provides open warehouse space with a 500sf mezzanine and separate racking with a 12X12 plywood deck that has fire suppression in place, suitable for storage, equipment, or operational needs. Warehouse area within the building features high clear 24' ceiling heights, grade-level 20' overhead door access, and efficient open floor space that allows flexibility for a wide range of business operations. As mentioned this unit incorporates a mezzanine areas to maximize usable storage capacity. The property is constructed of durable concrete block with a metal roof and benefits from modern utilities including electric, water, sewer, and telecommunications connectivity. Located within a professionally maintained industrial park, the property offers convenient parking and easy access for employees, customers, and service vehicles. The Alico corridor is one of Southwest Florida’s most active commercial hubs, surrounded by major distribution centers, corporate offices, and rapidly expanding residential communities. This property presents an excellent opportunity for both owner-users seeking a centrally located operational space and investors looking to acquire industrial flex product in a supply-constrained submarket with strong demand. Effective year built 2018 - Original year built 2008. Location Desc.:
Property Facts
Amenities
- 24 Hour Access
- Mezzanine
- Signage
- Air Conditioning
Utilities
- Lighting
- Water - City
- Sewer - City
- Heating - Electric
1 Unit Available
Unit 406
| Unit Size | 1,950 SF | Cap Rate | 7.70% |
| Price | $615,173 CAD | NOI | $47,368.28 CAD |
| Price Per SF | $315.47 CAD | No. Parking Spaces | 5 |
| Condo Use | Flex | Sale Conditions | 1031 Exchange, Sale Leaseback |
| Sale Type | Investment or Owner User | APN/Parcel ID | 04-46-25-06-00004.0406 |
| Unit Size | 1,950 SF |
| Price | $615,173 CAD |
| Price Per SF | $315.47 CAD |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.70% |
| NOI | $47,368.28 CAD |
| No. Parking Spaces | 5 |
| Sale Conditions | 1031 Exchange, Sale Leaseback |
| APN/Parcel ID | 04-46-25-06-00004.0406 |
Description
Investor Alert!!! 7.7% CAP Rate: Seller would prefer a 2 year lease back. Industrial flex condominium available for sale in the highly desirable Alico Road Business Park. This well-maintained business park offers excellent access to major transportation corridors including I-75 and US-41, and is just minutes from Southwest Florida International Airport, making it an ideal location for businesses serving the greater Fort Myers, Estero, and Bonita Springs markets. The 1950 square foot unit features a functional office/warehouse layout designed to accommodate a variety of commercial uses including contractor offices, light manufacturing, service businesses, distribution, showroom, or general warehouse operations. The front portion of the space is built out with 2 private offices, a reception or showroom area, and a restroom, creating a polished environment for staff and visiting clients. Nicely updated with newly installed flooring and fresh paint. The rear portion of the unit provides open warehouse space with a 500sf mezzanine and separate racking with a 12X12 plywood deck that has fire suppression in place, suitable for storage, equipment, or operational needs. Warehouse area within the building features high clear 24' ceiling heights, grade-level 20' overhead door access, and efficient open floor space that allows flexibility for a wide range of business operations. As mentioned this unit incorporates a mezzanine areas to maximize usable storage capacity. The property is constructed of durable concrete block with a metal roof and benefits from modern utilities including electric, water, sewer, and telecommunications connectivity. Located within a professionally maintained industrial park, the property offers convenient parking and easy access for employees, customers, and service vehicles. The Alico corridor is one of Southwest Florida’s most active commercial hubs, surrounded by major distribution centers, corporate offices, and rapidly expanding residential communities. This property presents an excellent opportunity for both owner-users seeking a centrally located operational space and investors looking to acquire industrial flex product in a supply-constrained submarket with strong demand. Effective year built 2018 - Original year built 2008.
Sale Notes
Investor Alert!!! 7.7% CAP Rate: Seller would prefer a 2 year lease back.
Presented by
Yvonne Burnham
8821 Business Park Dr - Suite 406
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