This is an excellent opportunity for investors who are looking for a well-leased industrial property in a prime location. The four flex spaces are in ITEC in Fort Myers, just off Alcio Rd east of I-75 exit 128. The space is fully leased to a National tenant. The total square footage is 2,765 and the asking price is $691,250. Why Invest in Industrial Flex Spaces? Industrial flex spaces are a popular investment option for several reasons. First, they are typically well-leased, as they are attractive to a variety of businesses. Second, they offer the flexibility to be used for a variety of purposes, which can make them more valuable in the long run. Third, they are typically located in prime areas, which can lead to increased rental rates. About ITEC ITEC is a premier industrial park located in Fort Myers. The park is home to a variety of businesses, including manufacturing, distribution, and call centers. ITEC is well-served by infrastructure, including I-75, US-41, and Alico Rd. The park is also close to a variety of amenities, including shopping, dining, and entertainment. This sale is for unit 103. Owner financing to qualified buyer.
Real Estate Property Detailsralph_iorio2022-04-15T15:36:55-04:00
16360 Innovation Lane 103 Ln103
Fort Myers,
FL $635,000
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Listing ID223034369
Sold For$635,000$2.2M
Status (Select 1 or more)Sold
Sold Date10/12/2023
SqFt
2,765
Acres
0.063
CountyLee
Year Built2022
Property Type (Select 1)Commercial
Cooling
yes
Fire Sprinklers
yes
Heating
yes
Total Building Sq Ft
22000
Total Floors
1
Maximum Subject Property SqFt
2765
Minimum Subject Property SqFt
2765
Number Of Bays
4
Number Of Grade Level Doors
4
Utilities Available
3-Phase Electric, Electric, Phone Line, Septic, Sewer, Trash Removal
Waterfront
no
Waterfront Description
None
Gulf Access
no
Major Area
FM20 - Fort Myers Area
Property Name
Innovation at ITEC
Commercial Property Type (Select 1)
Industrial: Condominium
Commercial Type
Commercial Only
Confidentiality Agreement Required
no
Legal Description
INNOVATION AT ITEC K LAND CONDO AS DESC IN INSTRUMENT 2022000260861 BUILDING C UNIT 103
Parcel Number
07-46-26-L3-1500C.0103
Property Use Type
Investment
Sale Includes
Building only
Status Type
Resale Property
Tenancy
Multiple
Foreclosure / REO
no
Income Cap Rate
5.7
Potential Short Sale
no
Tax Year
2022
Taxes
1038.28
Transaction Type
Sale
16360 Innovation Lane 103 Ln 103
Fort Myers, FL 33913
Listing courtesy of Bartley Realty LLLP
The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS (Naples). Properties listed with brokerage firms other than Achieve Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2024 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact Achieve Realty. Data last updated Monday, March 25th, 2024 at 06:14:34 AM.
Data services provided by IDX Broker