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2280-2290 Fowler Street
Fort Myers, FL 33901
Asking Price
$1.30M
Asset Type
Auto Shop Retail
Class
Class B
What's Special
Multi-tenant building Fowler St frontage <p>Situated on the prominent corner of Lafayette St and Fowler St with approximately 250 feet of frontage along Fowler Street, this neighborhood center consists of 7 suites offering flex spaces office, and retail configurations. The property provides excellent visibility and accessibility within a well-traveled commercial corridor. Currently occupied by 2 tenants, the asset presents a compelling opportunity for valueadd investors seeking lease-up potential and increased income through active man
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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712
