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INVESTMENT HIGHLIGHTS
- Heart of Fort Myers professional center; easy access to Summerlin/Colonial/McGregor/US 41
- Surrounded by professional offices (medical, law, dentistry)
- Signalized Access onto Summerlin Rd & Boy Scout Dr
EXECUTIVE SUMMARY
Property: Three (3) Condo Units in Midtown Professional Centre
Location: 1560 Matthew Dr. Fort Myers, Florida 33907
Stabilized 3-Unit NNN Investment Portfolio | Renewed Leases | 6.12% Cap
Turnkey opportunity to acquire a fully leased, three-unit professional/medical office portfolio totaling approximately 4,200 SF in central Fort Myers. Each unit features renewed NNN leases with 3% annual rent escalations, providing predictable income growth and minimal landlord responsibilities.
Highlights:
Units B, C & E – 100% Leased through staggered terms extending to 2030
All NNN leases – tenants pay property taxes, CAM, and insurance
3% annual increases on all leases ensure consistent NOI growth
Current combined NOI: ˜ $37,800
Unit B scheduled to become vacant 1/1/28, offering flexibility for an owner-user, rent reset, or lease-up at higher market rates
Professionally managed, clean, and well-maintained property with updated build-outs
Strong central location just off Colonial Boulevard near U.S. 41 and Page Field; easy access to hospitals, downtown, and I-75
This portfolio suits 1031 exchange investors or private buyers seeking stable, low-touch income in one of Southwest Florida’s fastest-growing professional corridors. The upcoming turnover of Unit B in 2028 creates an excellent blend of immediate cash flow and long-term upside.
Location: 1560 Matthew Dr. Fort Myers, Florida 33907
Stabilized 3-Unit NNN Investment Portfolio | Renewed Leases | 6.12% Cap
Turnkey opportunity to acquire a fully leased, three-unit professional/medical office portfolio totaling approximately 4,200 SF in central Fort Myers. Each unit features renewed NNN leases with 3% annual rent escalations, providing predictable income growth and minimal landlord responsibilities.
Highlights:
Units B, C & E – 100% Leased through staggered terms extending to 2030
All NNN leases – tenants pay property taxes, CAM, and insurance
3% annual increases on all leases ensure consistent NOI growth
Current combined NOI: ˜ $37,800
Unit B scheduled to become vacant 1/1/28, offering flexibility for an owner-user, rent reset, or lease-up at higher market rates
Professionally managed, clean, and well-maintained property with updated build-outs
Strong central location just off Colonial Boulevard near U.S. 41 and Page Field; easy access to hospitals, downtown, and I-75
This portfolio suits 1031 exchange investors or private buyers seeking stable, low-touch income in one of Southwest Florida’s fastest-growing professional corridors. The upcoming turnover of Unit B in 2028 creates an excellent blend of immediate cash flow and long-term upside.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$37,800
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Net Operating Income | |
|---|---|
| Annual | $37,800 |
PROPERTY FACTS
| Price | $617,500 | Status | Active |
| Price / SF | $147.02 / SF | Number of Properties | 3 |
| Sale Conditions | Individually For Sale | 0 | |
| Cap Rate | 6.12% | Total Building Size | 4,200 SF |
| Sale Type | Investment or Owner User |
| Price | $617,500 |
| Price / SF | $147.02 / SF |
| Sale Conditions | |
| Cap Rate | 6.12% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 4,200 SF |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Building 2
1560 Matthew Dr, 1st Floor - Unit B, Fort Myers, FL 33907 |
Office Condo | 1,800 SF | 1985 | - |
|
Building 3
1560 Matthew Dr, 1st Floor - Unit E, Fort Myers, FL 33907 |
Office Condo | 1,400 SF | 1984 | - |
|
Building 2
1560 Matthew Dr, 1st Floor - Unit C, Fort Myers, FL 33907 |
Office Condo | 1,000 SF | 1985 | - |
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Fort Myers NNN Office Portfolio
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