Tuesday, February 16, 2021

Investment Opportunity: Bank/Medical Administrative Building in Fort Myers!

Excellent opportunity to purchase an investment with a leading financial institution. Regions Bank is on the first floor offering full-service banking, financial planning, lockboxes, and a multi-bay drive-thru. The area’s largest medical specialty administrative offices (Dermatology - 34 total locations) occupy the entire second floor.

15051 Tamiami Trail, Fort Myers, FL 33908

Sale Price: $6,010,000.00


Building size: 21,429 SF (combined first and second floors) 
CAP Rate: 6.6%
NOI: $396,842.00

The bank has two 5-year options with approximately 3.5 years (June, 2024) remaining on the base term (in place for decades). The dermatology practice’s second floor lease has approximately 5 years (October, 2026) remaining on the base term with a 5-year option (3% annual escalations throughout) to renew.

For more information or to schedule a tour, call Rick Tucker, MBA at 239-272-8515 or Jay Crandall, CCIM at 239-221-8481.






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