Fort Myers, FL - iMold Cleaning and Restoration

Description:

• The tenant will enter into a brand new 10-year lease at COE with 2 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 3% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation
• iMold is proud to be Southwest Florida’s top-rated cleaning and full-service restoration company. For nearly 30 years, they have been the trusted name for water damage restoration and mold remediation in the region

• The subject property is located near State Rd 884, a major retail road that averages 78,000 vehicles passing by daily
• The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Publix, Bealls, Burlington, Starbucks, Crunch Fitness, Walmart Supercenter, Lowe’s, Aldi, Hobby Lobby and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• The asset is in close proximity to Forest Lake Town Homes, Westwood Apartments, Lumen Luxury Apartments, Westchase Apartments further increasing consumer traffic to the trade area

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Listing ID: a28TP000002GXy9YAG