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8961 Conference Dr 13,182 SF 100% Leased Office Building Fort Myers, FL 33919 $4,692,000 ($355.94/SF) 6.50% Cap Rate



Investment Highlights
- Long-term NNN leases commencing March 1, 2026, supporting stable income streams.
- Surrounded by medical clinics, private practices, and major national retailers within a quarter-mile radius.
- Immediate access to dense residential populations and daily-needs shopping, strengthening customer traffic patterns.
- Highly visible location along the region’s primary east-west commercial artery connecting Fort Myers and Cape Coral.
- Positioned within the “Wall Street of Fort Myers,” an established hub for financial and professional services.
Executive Summary
This property offers investors a rare opportunity to secure a stable, long-term NNN asset in one of Fort Myers’ most established commercial corridors. Priced at $4,692,000, the asset features new 5- and 10-year NNN leases beginning March 1, 2026, creating reliable income supported by committed tenancy. The site benefits from exceptional visibility and easy access along College Parkway, the primary east-west route connecting central Fort Myers with Cape Coral. Widely recognized as the “Wall Street of Fort Myers,” this corridor is home to numerous financial institutions and professional users, reinforcing the property’s long-term value.
Within a quarter mile of Publix, Walmart, CVS, major banks, national quick-service restaurants, two hospital off-campus clinics, and numerous private medical offices, the property sits in a dense, high-demand trade area with consistent customer flow. Its strategic placement among medical, retail, and financial anchors makes it especially appealing for investors prioritizing dependable cash flow, strong co-tenancy, and low-maintenance ownership. With limited opportunities emerging along this high-performing corridor, the asset represents an attractive, long-term hold in one of Lee County’s most recognizable business destinations.
Within a quarter mile of Publix, Walmart, CVS, major banks, national quick-service restaurants, two hospital off-campus clinics, and numerous private medical offices, the property sits in a dense, high-demand trade area with consistent customer flow. Its strategic placement among medical, retail, and financial anchors makes it especially appealing for investors prioritizing dependable cash flow, strong co-tenancy, and low-maintenance ownership. With limited opportunities emerging along this high-performing corridor, the asset represents an attractive, long-term hold in one of Lee County’s most recognizable business destinations.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
13,182 SF
Building Class
B
Year Built
1997
Price
$4,692,000
Price Per SF
$355.94
Cap Rate
6.50%
NOI
$304,980
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
13,182 SF
Building FAR
0.20
Lot Size
1.53 AC
Zoning
CS-1 - Neighborhood Commercial
Parking
48 Spaces (3.54 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Number | 15-45-24-38-00000.0160 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,885,202 |
Property Taxes
Parcel Number
15-45-24-38-00000.0160
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,885,202
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8961 Conference Dr
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