3850-3860 COLONIAL BOULEVARD, FORT MYERS, FL 33966 · 2020. 7. 13. · 3850-3860 COLONIAL...
2
Commer c i a l R e a l E s t a t e C o n s u l t a n t s , L L C C o m m e r c i a l R e a l E s t a t e C o n s u l t a n t s , L L C CRE www.creconsultants.com ENN LUTHRINGER, CCIM Partner 239.481.3800 x235 [email protected] CONTACT 12140 Carissa Commerce Ct, Suite 102 Fort Myers, FL 33966 1100 Fifth Ave. S, Suite 100 Naples, FL 34102 COLONIAL EXECUTIVE PARK FULLY LEASED OFFICE BUILDINGS FOR SALE 3850-3860 COLONIAL BOULEVARD, FORT MYERS, FL 33966 07/13/20 The information contained herein was obtained from sources believed reliable. CRE Consultants makes no guarantees, warranties or representations as to the completeness or accuracy thereof, and is subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. PRICE: $5,750,000 SIZE: 25,028± SF LAND SIZE: 1.83± Acres LOCATION: On Colonial Boulevard, between Metro Parkway and Winkler Avenue YEAR BUILT: 2005 ZONING: CG - Commercial General (Lee County) RE TAXES: $35,778.90 (2019) PARCEL ID: 32-44-25-P4-00100.0120 CAP RATE: 6.5% NOI: $375,709 (January 2021) OCCUPANCY: 100% The Colonial Executive Park is strategically located at a signalized intersection on Colonial Boulevard with the highest traffic count in Lee County. This fully-leased, two building campus offers investors steady income growth potential, with variable, favorable annual escalations—the main driver of which is contractual annual rent increases in a majority of the leases. With exterior entrances to units, these buildings are the ultimate in COVID friendly design. COLONIAL EXECUTIVE PARK
Transcript of 3850-3860 COLONIAL BOULEVARD, FORT MYERS, FL 33966 · 2020. 7. 13. · 3850-3860 COLONIAL...
-
C o m m e r c i a l R e a l E s t a t e C o n s u l t a n t s , L L CC o m m e r c i a l R e a l E s t a t e C o n s u l t a n t s , L L C
CREwww.creconsultants.com
ENN LUTHRINGER, CCIMPartner
239.481.3800 [email protected]
CONTACT
12140 Carissa Commerce Ct, Suite 102 Fort Myers, FL 33966
1100 Fifth Ave. S, Suite 100 Naples, FL 34102
COLONIAL EXECUTIVE PARKFULLY LEASED OFFICE BUILDINGS
FOR SALE3 8 5 0 - 3 8 6 0 C O LO N I A L B O U L E V A R D, F O R T M Y E R S , F L 3 3 9 6 6
07/13/20
The information contained herein was obtained from sources believed reliable. CRE Consultants makes no guarantees, warranties or representations as to the completeness or accuracy thereof, and is subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice.
PRICE: $5,750,000
SIZE: 25,028± SF
LAND SIZE: 1.83± Acres
LOCATION: On Colonial Boulevard, between Metro Parkway and Winkler Avenue
YEAR BUILT: 2005
ZONING: CG - Commercial General (Lee County)
RE TAXES: $35,778.90 (2019)
PARCEL ID: 32-44-25-P4-00100.0120
CAP RATE: 6.5%
NOI: $375,709 (January 2021)
OCCUPANCY: 100%
The Colonial Executive Park is strategically located at a signalized intersection on
Colonial Boulevard with the highest traffic count in Lee County. This fully-leased,
two building campus offers investors steady income growth potential, with variable,
favorable annual escalations—the main driver of which is contractual annual rent
increases in a majority of the leases. With exterior entrances to units, these
buildings are the ultimate in COVID friendly design.
COLONIAL EXECUTIVE PARK
-
2020 DEMOGRAPHICS 1 MILE 3 MILES 5 MILES
EST. POPULATION 6,861 50,875 134,979
EST. HOUSEHOLDS 3,142 21,128 56,820
EST. MEDIAN HOUSEHOLD INCOME $49,120 $46,549 $51,003
TRAFFIC COUNTS (2019) 60,000 AADT
COLONIAL BLVDCOLONIAL BLVD
N
CA
MIN
O R
EAL
WA
YCA
MIN
O R
EAL
WA
Y
C o m m e r c i a l R e a l E s t a t e C o n s u l t a n t s , L L CC o m m e r c i a l R e a l E s t a t e C o n s u l t a n t s , L L C
CREwww.creconsultants.com
COLONIAL EXECUTIVE PARKFULLY LEASED OFFICE BUILDINGS
FOR SALE
CONTACT
HIGHLIGHTS3 8 5 0 - 3 8 6 0 C O LO N I A L B O U L E V A R D, F O R T M Y E R S , F L 3 3 9 6 6
07/13/20
The information contained herein was obtained from sources believed reliable. CRE Consultants makes no guarantees, warranties or representations as to the completeness or accuracy thereof, and is subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice.
ENN LUTHRINGER, CCIMPartner
239.481.3800 [email protected]
SUBJ
ECT
�Signalized intersection
�Highly visible with frontage on Colonial Boulevard
�Easy access to all major roads with I-75 just minutes away
�Elevator
�Ample parking
�Pylon signage
�All usable space with no load factor
