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ALDI - Brand New 15 Year Corporate Lease Ext 5690 Bayshore Rd 51,360 SF Retail Building North Fort Myers, FL 33917 $9,672,000 ($188.32/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 15.5 Years Remaining on Lease Term with Corporate Guaranty
  • Households Projected to Increase 11%+ in the Immediate Area by 2028
  • ALDI Operates More Than 2,400 Stores in 40 States
  • Growing Trade Area with 104,921 Residents within a Five-Mile Radius
  • Accessible to More Than 43,000 Cars per Day Along Bayshore Road

EXECUTIVE SUMMARY

ALDI is an international grocery chain and is one of the United States’ fastest-growing retailers, serving over 50 million customers across the country each month. ALDI offers high quality, award-winning products at an affordable price. In 2024, the company was recognized as one of Forbes’ Best Large Employers and was Certified by Great Place to Work. Fort Myers is the county seat and commercial center of Florida’s Lee County. Originally established as Fort Harvie, Fort Myers began transforming into a farming and cattle community in the late 1860s and 1870s. By the mid 1880s Fort Myers began developing a commercial core and gaining national notoriety for local recreational fishing. Today, Fort Myers has four designated historic districts: Edison Park, Dean Park, Downtown, and Seminole Park, along with nearly 20 designated historic landmarks.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
51,360 SF
Building Class
B
Year Built
1999
Price
$9,672,000
Price Per SF
$188.32
Cap Rate
5.50%
NOI
$531,894
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.19
Lot Size
6.15 AC
Opportunity Zone
Yes
Zoning
C-1A - C-1A, Commercial
Parking
157 Spaces (3.06 Spaces per 1,000 SF Leased)
Frontage
260’ on Bayshore Road

AMENITIES

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Health Care and Social Assistance
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Family-owned since being established in 1983, Octapharma is a global healthcare company headquartered in Lachen, Switzerland. Their products are available in 118 countries and reach hundreds of thousands of patients every year. They focus on three therapeutic areas: hematology, immunotherapy and critical care. Octapharma is one of the largest human protein product manufacturers. They develop and produce medicines based on human proteins from human cell lines and human plasma, sourced from their own plasma donation centers and other external sources.

  • Renos Casino Arcade
  • Arts, Entertainment, and Recreation
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  • Accommodation and Food Services
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Subway® is simply the better choice for freshly made, convenient, and affordable food. For a reason, they are one of the world’s largest restaurant brands, serving up a crave-able menu with better options to their millions of fans, every day. Whether it’s their bread baked fresh daily, new flavorful signature subs or their classic fan favorites made fresh to order, Subway® delivers a quality, delicious meal that people can feel good about. The Subway® story began in 1965 when Fred DeLuca asked his family friend, Dr. Peter Buck, a nuclear physicist, for advice on how to pay his college tuition. With an idea to open a submarine sandwich shop and an initial investment from Dr. Buck, the two formed a business partnership that would ultimately change the landscape of the quick-service restaurant industry.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Health Care and Social Assistance - - Lorem Ipsum Jan 0000
Renos Casino Arcade Arts, Entertainment, and Recreation - - Lorem Ipsum Jan 0000
Accommodation and Food Services - - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Storage Sense
Publix

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-43-24-00-00013.0070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,685,997
  • Listing ID: 34805545

  • Date on Market: 2/12/2025

  • Last Updated:

  • Address: 5690 Bayshore Rd, North Fort Myers, FL 33917

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