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Summerlin Bend 1791 Boy Scout Dr 9,382 SF 100% Leased Retail Building Fort Myers, FL 33907 $3,800,000 ($405.03/SF) 4.63% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully leased investment opportunity
  • National anchor tenant, Tropical Smoothie Café with corporate guarantee
  • Value add upside due to current below market rents and leases expiring soon
  • Situated on signalized intersection on Boy Scout Dr. & Red Cedar Dr.
  • Visibility from Boy Scout Dr. with pylon signage

EXECUTIVE SUMMARY

This investment commercial property at 1791 Boy Scout Dr. in Fort Myers, FL 33907 is a retail strip center with a Gross Leasable Area of 9,480 square feet. It is currently 100% occupied by six tenants.
The tenant mix consists mostly of local and regional businesses, with one national tenant, Tropical Smoothie Cafe, serving as the anchor tenant on the end-cap with a drive-thru.
The property has approximately 270 feet of frontage on Boy Scout Dr. and sits at a signalized intersection offering excellent visibility and accessibility.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,382 SF
Building Class
B
Year Built
1999
Price
$3,800,000
Price Per SF
$405.03
Cap Rate
4.63%
NOI
$175,935
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
14’
Building FAR
0.23
Lot Size
0.95 AC
Zoning
B2
Parking
40 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
157’ on Boy Scout

AMENITIES

  • Bus Line
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • -

Tropical Smoothie Cafe is a fast-casual restaurant concept blending tropical flavor with a mission to Inspire Better®. Since its founding in 1997, the brand has offered made-to-order smoothies, wraps, sandwiches, and flatbreads designed to boost mood and support better choices. Inspired by beachside energy, each cafe delivers a laid-back, uplifting experience whether customers dine in, order via app, or take it to go. Beyond the menu, the company cultivates strong relationships with suppliers, supports community initiatives through donations and sponsorships, and builds inclusive teams that embrace individuality and growth. By pairing fresh food with positive vibes, Tropical Smoothie Cafe invites guests to take a mini getaway with every visit and live life on tropic time.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services - - Triple Net -
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Crunch Fitness
Skyline Chili
Trader Joe's
Bank OZK
Regions Bank
Valley National Bank
Truist
Bank of America
Suncoast Credit Union
Steak ‘n Shake

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-45-24-P2-02800.0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,157,360
  • Listing ID: 33790644

  • Date on Market: 11/7/2024

  • Last Updated:

  • Address: 1791 Boy Scout Dr, Fort Myers, FL 33907

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