Income Producing Office Building
Fort Myers, FL Lee County
6238 Presidential Court
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- RE: Income Producing Office Building
- Contact: Lindsey Bamman
Quick Facts
| Asking Price: | $1,526,000 | |
| Annual Revenue: | $130,800 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $92,800 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $1,526,000 | |
| Year Established: | 1981 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1007378 | |
| Broker Reference #: | 90407417 |
Business Overview:
6238 Presidential Court is a well occupied and income producing office building located just off Summerlin Road in the heart of Fort Myers, FL. The property features long standing tenants, strong historical occupancy, and excellent accessibility to College Parkway and US-41.
This asset produces a current NOI of $92,800, bringing in a current 6.08% cap rate. Existing rents are below market rates, creating a value-add opportunity through lease rollover and rent adjustments.
At a conservative $20/ SF rental rate, projected NOI supports a 8.24% stabilized cap rate offering a compelling upside for investors seeking both income and appreciation.
The building benefits from real elevation visibility from Summerlin Road, providing additional signage and branding potential.
Ideal for investors pursuing 1031 Exchange placement or strategic yield enhancement in one of the Fort Myers’ most established office corridors.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Building Area: 7,400 SF, Tenancy: 8 Units, Parking Spaces: 27, 1 Handicap
Reason for Selling:
Capital Redeployment. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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