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Income Location Growth Fairway Lakes Commons

$2,995,000

11940 Fairway Lakes Dr, Fort Myers, FL 33913

Active
Last Updated: 08/24/2026

7.24

Cap Rate

216,700

NOI

Details:
Cap Rate:    7.24%
NOI:    $216,700
Building Size:    10,485 sqft
Lot Area:    0.4125 acres
Occupancy:    100%
Units:    5
Year Built:    1992
Floors:    1
Parking Spots:    42
Highlights:
  • 10,485 SF retail building
  • Recently renovated in 2026
  • Strategic SWFL location
  • Zoned PUD
  • Fully-occupied with 100% occupancy
Description:

STABLE INCOME TODAY. POSITIONED FOR GATEWAY'S NEXT CHAPTER OF GROWTH.
Fairway Lakes Commons presents a compelling opportunity to acquire a 100% occupied, 10,485-square-foot multi-tenant investment property for $2,995,000, generating approximately $217,172 in NOI and a 7.25% going-in cap rate. The investment is supported by long-term leases, personal guarantees and contractual annual base-rent increases of approximately 4–5%, providing built-in revenue growth and a clear path for increasing rental income over the investment horizon.

A key component of the investment story is Gateway's combination of continued population and residential growth with a relatively limited supply of existing neighborhood commercial product. As new homes, apartments, schools and other development bring additional residents and businesses into the Gateway area, the need for conveniently located retail, restaurant, service and commercial space should continue to grow. Limited commercial inventory can help support occupancy, strengthen tenant demand and maintain upward pressure on rental rates as the community continues to mature.

The property's inland location provides an additional operating advantage. Compared with many coastal Southwest Florida properties, Fairway Lakes Commons has less exposure to certain coastal storm and flood risks. Lower insurance costs are positively impacting operating expenses and the property's bottom line, helping maintain competitive CAM expenses and preserve NOI. Tenant reimbursements and separately billed expenses provide additional operating-cost protection.

Fairway Lakes Commons therefore offers an attractive combination of immediate stabilized income, 100% occupancy, contractual 4–5% annual base-rent growth, controlled operating expenses and ownership of existing commercial real estate in a growing Gateway market where additional commercial supply is limited.

$2.995 MILLION | 7.25% CAP | $217,172 NOI | 100% OCCUPIED
FULLY OCCUPIED • 4–5% ANNUAL BASE-RENT GROWTH • LIMITED COMMERCIAL INVENTORY • INLAND LOCATION • GATEWAY GROWTH
INCOME IN PLACE. BUILT-IN RENT GROWTH. POSITIONED TO BENEFIT FROM GATEWAY'S FUTURE.

Discover the prime location of Fairway Lakes Commons, nestled in the heart of Fort Myers, FL, 33913. This vibrant area offers a thriving market for Retail / Neighborhood Center investors, with a growing population and strong consumer demand. The property is surrounded by desirable amenities including the Gulf Coast Town Center with its diverse retail and dining options, and the nearby Southwest Florida International Airport, ensuring high visibility and accessibility for potential businesses. Additionally, the area boasts proximity to renowned golf courses, beautiful beaches, and a wealth of recreational opportunities, making it an attractive destination for locals and tourists alike. Unlock the potential of this dynamic SWFL market at Fairway Lakes Commons.

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