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Bldg C 3900 Broadway Ave 24,935 SF Office Building Fort Myers, FL 33901 $3,750,000 ($150.39/SF) 7% Cap Rate
Investment Highlights
- Well kept and well run buildings
- Selling for below appraised value
- Large amount of parking - great for tenants and lowers costs on landscaping
Executive Summary
Exceptional opportunity to earn passive income. Building is self managed by a lady who is retiring from the industry. Great tenants on long term leases (1-4 years remaining on each), all of which are now paying close to market rate. Ability to add on 4 additional stories per local zoning laws. Irrigation is a local well and grandfathered in, keeping your lawn care costs below $600/month and water bill thousands less than surrounding buildings. Located just across from the soon to be re-developed Edison Mall and Winkler Rd. Incredible visibility, over 2.5 Acres of land and 4 well kept buildings with over 110 parking spaces!
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
24,935 SF
Building Class
B
Year Built
1973
Price
$3,750,000
Price Per SF
$150.39
Cap Rate
7%
NOI
$262,500
Tenancy
Single
Building Height
1 Story
Typical Floor Size
24,935 SF
Building FAR
0.21
Lot Size
2.79 AC
Zoning
B-2 - General Commercial 1-5 Stories.
Parking
115 Spaces (4.61 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Politecnico de Fort Myers
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Sante Plus Medical Center
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Politecnico de Fort Myers | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Sante Plus Medical Center | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 36-44-24-P1-00015.0000 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $1,024,079 (2025) |
Property Taxes
Parcel Number
36-44-24-P1-00015.0000
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,024,079 (2025)
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Cachon Realty Group. LLC
Bldg C | 3900 Broadway Ave
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