1791 Boy Scout Dr
$3,800,000
1791 Boy Scout Drive, Fort Myers, FL 33907
For Sale
Retail
Street Retail
Active
Last Updated: 01/03/2025
4.8
Cap Rate
182,369.47
NOI
Details:
Cap Rate: 4.8%
NOI: $182,369.47
Building Size: 9,382 sqft
Occupancy: 100%
Lease Type: Triple Net
Zoning: B2
Tenancy: Multiple
Highlights:
- Fully leased investment opportunity
- Situated on signalized intersection on Boy Scout Dr. & Red Cedar Dr.
- National anchor tenant, Tropical Smoothie Café with corporate guarantee
- Visibility from Boy Scout Dr. with pylon signage
- Value add upside due to current below market rents and leases expiring soon
Description:
This investment commercial property at 1791 Boy Scout Dr. in Fort Myers, FL 33907 is a retail strip center with a Gross Leasable Area of 9,480 square feet. It is currently 100% occupied by six tenants.
The tenant mix consists mostly of local and regional businesses, with one national tenant, Tropical Smoothie Cafe, serving as the anchor tenant on the end-cap with a drive-thru.
The property has approximately 270 feet of frontage on Boy Scout Dr. and sits at a signalized intersection offering excellent visibility and accessibility.
Documents:
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1791_Summerlin_Bend_OM.pdf
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Location
