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Southwest Florida Eye Care 6850 International Center Blvd 7,200 SF Office Building Fort Myers, FL 33912 $3,100,015 ($430.56/SF) 5.75% Cap Rate



Investment Highlights
- Stable Remaining Term with Annual Growth- Lease Features 3% Annual Rental Increases Throughout Term
- Purpose Designed Construction- Designed and Constructed by Southwest Florida Eye Care to Accommodate their Specific Needs
- 1 Mile Away from Lee Gulf Coast Hospital-As the Largest Hospital in the Lee Health System, Gulf Coast Medical Center Houses a Level II Trauma Center
- Absolute Triple Net Lease Structure- Tenant Fully Responsible for All Expenses Relating to the Property with Ability to Collect Reimbursement
- Significant Growth within Eye Care - The Eye Care Industry is Experiencing Robust Growth, with U.S. Market Value Projected to Reach $33.40
- An Accredited, Comprehensive Stroke Center Features Minimally Invasive Catheter Procedures to Treat Stroke Patients
Executive Summary
Stable Remaining Term with Annual Growth
Lease Features 3% Annual Rental Increases Throughout Term
Absolute Triple Net Lease Structure
Tenant Fully Responsible for All Expenses Relating to the Property with Ability to Collect Reimbursement for Management
Purpose Designed Construction
Designed and Constructed by Southwest Florida Eye Care to Accommodate their Specific Needs
Significant Growth within Eye Care
The Eye Care Industry is Experiencing Robust Growth, with U.S. Market Value Projected to Reach $33.40
Billion by 2028 Growth is Driven by an Aging Population, Increased Digital Screen Usage, and High Demand for Specialized Services
1 Mile Away from Lee Gulf Coast Hospital
As the Largest Hospital in the Lee Health System, Gulf Coast Medical Center Houses a Level II Trauma Center, the Neuroscience Institute, Orthopedic, Oncology and Cardiology Services, and Much More
An Accredited, Comprehensive Stroke Center Features
Minimally Invasive Catheter Procedures to Treat Stroke Patients
Since 2017, Gulf Coast Medical Center has Undergone an Extensive Expansion, Adding Three Stories and 268 Patient Beds, Including Additional ICU Beds and an Inpatient Unit for Cancer Care
Rapid Growth in the Fort Myers MSA
Sustained Growth Rate: The City of Fort Myers has Seen its Population Increase by Roughly 16.7% Since the 2020 Census, with Current Annual Growth Estimated at Approximately 3.06%
National Ranking: Lee County, Which Makes up the Fort Myers MSA, has Recently Ranked as the Ninth Fastest Growing County in the United States, Driven Largely by High Rates of Inbound Migration
Future Projections: Local Planners Expect the City’s Population to Surpass 115,000 Residents by 2030,
Necessitating Major Infrastructure Projects Such as New Healthcare Facilities and Expanded Transportation Hubs to Keep Pace
Lease Features 3% Annual Rental Increases Throughout Term
Absolute Triple Net Lease Structure
Tenant Fully Responsible for All Expenses Relating to the Property with Ability to Collect Reimbursement for Management
Purpose Designed Construction
Designed and Constructed by Southwest Florida Eye Care to Accommodate their Specific Needs
Significant Growth within Eye Care
The Eye Care Industry is Experiencing Robust Growth, with U.S. Market Value Projected to Reach $33.40
Billion by 2028 Growth is Driven by an Aging Population, Increased Digital Screen Usage, and High Demand for Specialized Services
1 Mile Away from Lee Gulf Coast Hospital
As the Largest Hospital in the Lee Health System, Gulf Coast Medical Center Houses a Level II Trauma Center, the Neuroscience Institute, Orthopedic, Oncology and Cardiology Services, and Much More
An Accredited, Comprehensive Stroke Center Features
Minimally Invasive Catheter Procedures to Treat Stroke Patients
Since 2017, Gulf Coast Medical Center has Undergone an Extensive Expansion, Adding Three Stories and 268 Patient Beds, Including Additional ICU Beds and an Inpatient Unit for Cancer Care
Rapid Growth in the Fort Myers MSA
Sustained Growth Rate: The City of Fort Myers has Seen its Population Increase by Roughly 16.7% Since the 2020 Census, with Current Annual Growth Estimated at Approximately 3.06%
National Ranking: Lee County, Which Makes up the Fort Myers MSA, has Recently Ranked as the Ninth Fastest Growing County in the United States, Driven Largely by High Rates of Inbound Migration
Future Projections: Local Planners Expect the City’s Population to Surpass 115,000 Residents by 2030,
Necessitating Major Infrastructure Projects Such as New Healthcare Facilities and Expanded Transportation Hubs to Keep Pace
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
7,200 SF
Building Class
B
Year Built
2011
Price
$3,100,015
Price Per SF
$430.56
Cap Rate
5.75%
NOI
$178,250
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,200 SF
Building FAR
0.07
Lot Size
2.31 AC
Zoning
MPD
Parking
44 Spaces (6.11 Spaces per 1,000 SF Leased)
Amenities
- Signage
Fairly walkable
50/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 19-45-25-18-0000C.0030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,074,814 |
Property Taxes
Parcel Number
19-45-25-18-0000C.0030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,074,814
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Southwest Florida Eye Care | 6850 International Center Blvd
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