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EoS Fitness - Fort Myers FL 10560 Colonial Blvd 42,500 SF 4-Star Retail Building Fort Myers, FL 33913 $14,500,000 ($341.18/SF) 6.62% Cap Rate
Investment Highlights
- Brand New 20-Year Lease | 2026 Construction | Options To Extend | Corporate Signed | Scheduled Rental Increases
- Dense Retail Corridor | The Forum Shopping Center
- Interstate-75 (114,500 VPD) | Excellent Visibility & Access
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax
- Alden Yards Commercial Development | Major Regional Growth Amazon Fulfillment Center Expansion
- Strong Demographics In Immediate Trade Area
Executive Summary
• Brand new 20-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease features 10% rental increases every 5 years and at the beginning of each option period, boosting NOI and hedging against inflation
• The lease features 10% rental increases every 5 years and at the beginning of each option period, boosting NOI and hedging against inflation
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Health Club
Building Size
42,500 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Price
$14,500,000
Price Per SF
$341.18
Cap Rate
6.62%
NOI
$960,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
2.16 AC
Zoning
SDA - Special Development Area
Parking
91 Spaces (2.14 Spaces per 1,000 SF Leased)
Amenities
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 11
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