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6100 Idlewild Street
Fort Myers, FL 33966
Asking Price
$2.24M
Asset Type
Auto Shop Retail
Class
Class B
What's Special
8,309 SF Auto Repair Facility / Flex Building <p>Under New Ownership!</p><p>NEW OFFICE! NEW ROOF!</p><p>Owner is in the Process of Painting the Building, Installing LED Warehouse Lighting, and Milling / Paving Exterior Lot</p><p>Fenced & Secured Site!</p><p>16’ Clear Height</p><p>Ten (10) Grade-Level Doors (9 - 10’ x 10’, 1 - 12’ x 10’)</p><p>Existing Paint Booth</p><p>Drive-Through Bays</p><p>Industrial Outdoor Storage Area</p><p>Zoned IL</p>
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NOI
$80,000
Cap Rate
3.57%
DSCR
0.60
Underwater
Cash-on-Cash
-7.90%
Monthly Payment
$11,099.268
Annual Cash Flow
$-53,191.211
