College Parkway

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College Parkway

Fort Myers, FL 33907
Asking Price
$2.55M
Asset Type
Office
Class
Class B

What's Special

Situated along the prominent College Parkway corridor in Fort Myers, Florida, this office property is positioned within a primary commercial hub. The surrounding neighborhood is characterized by a mix of professional service firms, financial institutions, and retail centers. The location provides proximity to various dining and shopping amenities at the nearby Bell Tower Shops. Access to the site is supported by the corridor’s direct connection to U.S. 41 and Summerlin Road, facilitating regional transit across Lee County. The property is suited for administrative, professional, or medical office use. Its central location and visibility are conducive to firms requiring local accessibility, including legal practices, accounting firms, and regional corporate headquarters. The asset typically attracts established tenants seeking standard office configurations within a recognized business district.

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NOI
$80,000
Cap Rate
3.14%
DSCR
0.53
Underwater
Cash-on-Cash
-9.33%
Monthly Payment
$12,616.009
Annual Cash Flow
$-71,392.104

Location & Travel Times