7790 Cypress Lake Dr

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7790 Cypress Lake Dr

Fort Myers, FL 33907
Asking Price
$3.70M
Asset Type
Retail
Class
Class B

What's Special

7790 Cypress Lake Drive is situated in a central commercial corridor of Fort Myers, Florida. Positioned near the intersection of Cypress Lake Drive and South Tamiami Trail, the site benefits from high visibility and proximity to established residential neighborhoods. The surrounding area features a mix of shopping centers, professional offices, and academic institutions, including Florida Southwestern State College. Access is supported by a network of arterial roads, providing connections to Cape Coral and downtown Fort Myers. The property is suited for diverse retail applications, including boutique storefronts, service-based businesses, or light food and beverage operations. Its location accommodates tenants seeking to capture local commuter traffic and the nearby student population. Typical tenants include local retailers, specialized medical suites, or fitness studios that require a central, accessible hub within the Lee County market.

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NOI
$80,000
Cap Rate
2.16%
DSCR
0.36
Underwater
Cash-on-Cash
-12.58%
Monthly Payment
$18,305.581
Annual Cash Flow
$-139,666.975

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