1938-1946 Suwanee Ave 140 Jefferson Ave

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1938-1946 Suwanee Ave 140 Jefferson Ave

Fort Myers, FL 33901
Asking Price
$1.60M
Asset Type
Office
Class
Class B

What's Special

The property at 1938-1946 Suwanee Avenue and 140 Jefferson Avenue is situated within a mixed-use commercial district in Fort Myers, Florida. The location offers proximity to major thoroughfares, including U.S. Route 41 and the Caloosahatchee River bridges, facilitating regional connectivity. The surrounding neighborhood features a blend of retail centers, medical facilities, and government offices. Local amenities include various dining options, financial services, and hospitality providers within a short drive. Public transit stops are located along nearby arterial roads, providing consistent accessibility for commuters and visitors throughout the Lee County area. This office asset is suited for professional services firms requiring functional workspace with established geographic visibility. Typical tenants for this location include legal practices, accounting firms, insurance agencies, and administrative service providers. The layout and zoning support use by medical consultants or non-profit organizations seeking a central presence near the downtown core. The property appeals to small to mid-sized businesses looking for a standalone or multi-tenant configuration that balances professional utility with ease of access for a local client base.

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124

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