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Alico Commerce Court Portfolio 21 Flex Condos Offered at $13,293,047 CAD in Fort Myers, FL

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INVESTMENT HIGHLIGHTS

  • 21 Unit Portfolio Investment Opportunity
  • Great visibility from Alico Road
  • Located in the Alico Enterprise Center
  • Situated between US-41 and I-75, offering quick access to both major throughways

EXECUTIVE SUMMARY

LSI Companies, Inc is pleased to present this investment opportunity Alico Commerce Court industrial flex condo portfolio located with the Alico Enterprise Center.
The site is situated along the highly sought after Alico Corridor in Unincorporated Lee County. The development is comprised of 5 buildings and 48 condo units totaling 78,750± Sq. Ft. The units feature a combination of warehouse and office spaces, offering versatility for various business needs including professional office, retail and warehouse/light manufacturing. This rare offering is an opportunity for investors and businesses seeking a strategically positioned asset in a rapidly growing commercial hub.
This offering consists of 21 condo units within Buildings 1,2,3 & 5. Below market rents indicate a value-add opportunity for investors seeking to maximize returns through strategic repositioning over a 12-24 month time period.
• High traffic counts and proximity to the Southwest Florida International Airport, Florida Gulf Coast University, and other key regional employers and developments
• Flexible space options that can accommodate a range of commercial uses, from light industrial to office/showroom
• Immediate occupancy potential for businesses seeking a presence in Fort Myers, along with a strong investment opportunity for future growth
• Value add opportunity, poised to deliver strong returns through targeted lease restructuring
PROPERTY FEATURES:
• Alico Enterprise Center:
? 5 buildings
? 48 total condo units
? 78,750± total Sq. Ft.
• Building heights: 20'
• Clear span: 14' 9"
• Overhead doors: 14' H x 12' W
• Exterior surveillance and lighting
• Fully sprinklered
• 3-phase power
• Typical unit make up
? 80% warehouse
? 20% office
• Finished Floor Elevation (F.F.E): 17.5'
• Individually metered units
• No damage incurred from recent hurricanes
• Recent improvements:
? Updated landscaping
? LED lighting
? Exterior power wash
• 90% of Florida can be accessed within a 3.5 hour drive

PROPERTY FACTS

Price $13,293,047 CAD
Price / SF $418.92 CAD / SF
Cap Rate 5.56%
Sale Type Investment
Status Active
Number of Properties 21
Individually For Sale 0
Total Building Size 31,732 SF

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Alico Enterprise Center #1
17000 Alico Commerce Ct, 1st Floor - Unit 1-108, Fort Myers, FL 33967
Flex Condo 2,000 SF 2006 -
Alico Enterprise Center #1
17000 Alico Commerce Ct, 1st Floor - Unit 1106, Fort Myers, FL 33967
Flex Condo 2,000 SF 2006 -
Alico Enterprise Center #1
17000 Alico Commerce Ct, 1st Floor - Unit 1107, Fort Myers, FL 33967
Flex Condo 2,000 SF 2006 -
Bldg 2
17010 Alico Commerce Ct, 1st Floor - Unit 2207, Fort Myers, FL 33967
Flex Condo 1,735 SF 2008 -
Building 3
17030 Alico Commerce Ct, 1st Floor - Unit 3308, Fort Myers, FL 33967
Flex Condo 1,735 SF 2008 -
Building 5
17011 Alico Commerce Ct, 1st Floor - Unit 5502, Fort Myers, FL 33967
Flex Condo 1,500 SF 2008 -
Building 5
17011 Alico Commerce Ct, 1st Floor - Unit 5503, Fort Myers, FL 33967
Flex Condo 1,500 SF 2008 -
Building 5
17011 Alico Commerce Ct, 1st Floor - Unit 5505, Fort Myers, FL 33967
Flex Condo 1,500 SF 2008 -
Building 5
17011 Alico Commerce Ct, 1st Floor - Unit 5506, Fort Myers, FL 33967
Flex Condo 1,500 SF 2008 -
Building 5
17011 Alico Commerce Ct, 1st Floor - Unit 5507A, Fort Myers, FL 33967
Flex Condo 1,500 SF 2008 -
Building 5
17011 Alico Commerce Ct, 1st Floor - Unit 5507B, Fort Myers, FL 33967
Flex Condo 1,500 SF 2008 -
Building 5
17011 Alico Commerce Ct, 1st Floor - Unit 5507C, Fort Myers, FL 33967
Flex Condo 1,500 SF 2008 -
Building 5
17011 Alico Commerce Ct, 1st Floor - Unit 5507D, Fort Myers, FL 33967
Flex Condo 1,500 SF 2008 -
Building 5
17011 Alico Commerce Ct, 1st Floor - Unit 5501, Fort Myers, FL 33967
Flex Condo 1,482 SF 2008 -
Bldg 2
17010 Alico Commerce Ct, 1st Floor - Unit 2201, Fort Myers, FL 33967
Flex Condo 1,265 SF 2008 -
Building 3
17030 Alico Commerce Ct, 1st Floor - Unit 3314, Fort Myers, FL 33967
Flex Condo 1,265 SF 2008 -
Bldg 2
17010 Alico Commerce Ct, 1st Floor - Unit 2205, Fort Myers, FL 33967
Flex Condo 1,250 SF 2008 -
Building 3
17030 Alico Commerce Ct, 1st Floor - Unit 3309, Fort Myers, FL 33967
Flex Condo 1,250 SF 2008 -
Building 3
17030 Alico Commerce Ct, 1st Floor - Unit 3310, Fort Myers, FL 33967
Flex Condo 1,250 SF 2008 -
Building 3
17030 Alico Commerce Ct, 1st Floor - Unit 3311, Fort Myers, FL 33967
Flex Condo 1,250 SF 2008 -
Building 3
17030 Alico Commerce Ct, 1st Floor - Unit 3312, Fort Myers, FL 33967
Flex Condo 1,250 SF 2008 -
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  • Listing ID: 35506252

  • Date on Market: 2025-04-16

  • Last Updated:

  • Address: Alico Commerce Court Portfolio, Fort Myers, FL

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