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Metro Center 2891 Center Pointe Dr 34,362 SF 100% Leased 4-Star Office Building Fort Myers, FL 33916 $6,200,000 ($180.43/SF) 6.57% Cap Rate
Investment Highlights
- Stable income stream with multiple tenants
- New Roof: Installed in 2023
- Fresh Paint: Completed in 2024
Executive Summary
Fully Leased 3 story office building with great upside as the rents are still below market. The building had a new roof in 2023 and a new paint job in 2024. Very stable property!
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
34,362 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1990
Price
$6,200,000
Price Per SF
$180.43
Cap Rate
6.57%
NOI
$407,340
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,454 SF
Slab To Slab
11’
Building FAR
0.32
Lot Size
2.43 AC
Zoning
B2 - Neighborhood Business-Arterial
Parking
146 Spaces (3.76 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Wi-Fi
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 31-44-25-P4-00400.0060 | Improvements Assessment | $2,504,639 |
| Land Assessment | $536,262 | Total Assessment | $3,133,663 |
Property Taxes
Parcel Number
31-44-25-P4-00400.0060
Land Assessment
$536,262
Improvements Assessment
$2,504,639
Total Assessment
$3,133,663
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Metro Center | 2891 Center Pointe Dr
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