6350 Bayshore RD NORTH FORT MYERS FL 33917 MLS #223064580

6350 Bayshore RD
NORTH FORT MYERS, FL, 33917
$1,300,000
Beds
0 Baths
SqFt
0.53 Acres
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Listing Provided Courtesy of Priceless Realty
The building at 6350 Bayshore Rd – North Fort Myers, FL 33917 is a great free-standing building with 4,242 sqft under air. The building was built in 1976 but completely remodeled with a limited development order permit in 2006-2007. It has amazing visibility and is located on a heavily trafficked road in a great part of town. The property is a nice cash-flowing building that has fresh paint, new offices, and new floor tiles. Hurricane shutters on all windows and doors. Large lighted pylon sign with visibility from both directions of traffic. The only landlord’s responsibility is property taxes. Perfect for 1031 Exchanges. DO NOT APPROACH THE TENANT OR GO TO THE BUILDING WITHOUT AN APPOINTMENT. DRIVE BY ONLY.
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The current tenant has a 3-year lease with an option to renew for 2 additional years. The cap rate ranges from 5.8% (year 1) to 7% (year 5). Rent increases by 5% each year. Contact me for more information. Buyer must honor lease.

Property Details

Price:
$1,300,000
MLS #:
223064580
Status:
Active
Beds:
0
Baths:
0
Address:
6350 Bayshore RD
Type:
Commercial
Subtype:
Office,Retail
City:
NORTH FORT MYERS
Listed Date:
Sep 6, 2023
State:
FL
ZIP:
33917
Lot Size:
23,292 sqft / 0.53 acres (approx)
Year Built:
1976
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Parking Spots
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Financial

Buyer Agent Compensation
3%%
Tax Year
2022
Taxes
$4,864

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6350 Bayshore RD
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