Dual-Use Showroom Office
For Sale
Contact for pricing
16080-16090 S Tamiami Trail US 41, Fort Myers, FL 33908
Two flex-style buildings offer showroom/office/warehouse space with prominent signage and 150 feet of highway frontage.
Property Size14,304 SF
Price / SF$202.74
Days on Market2611
Property Features for 16080-16090 S Tamiami Trail US 41
General Information
Standard status
Active
Size
14,304 SF
Class
B
Total Parking Spaces
32
Property subtype
Industrial, Retail, Office
Zoning
C-1 Commercial
Additional Details
Traffic Count
62,000 vehicles/day
Building Details
Year Built
2007
Year Renovated
2018
Buildings
2
Tenancy
Multi
Listing Agency:
LQ Commercial Real Estate Services Naples
Listed By:
Nick Matson · License #FL
Source:
Crexi
Added: Sep 3, 2019
Changed: Oct 25
Last Checked: Oct 24 at 4:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LQ Commercial Real Estate Services Naples
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This dual-building showroom, office, and warehouse property was built in 2007 and is offered for sale or lease. The combined improvements total 14,304 square feet and include an easily configured layout intended to support flexible occupancy uses such as retail, service, distribution, or trade operations. The buildings are described as in excellent condition following recent improvements, including over $600,000 invested in the property. The property is most recently tenanted as an HVAC, plumbing, and electrical service provider.
The site is located at 16080–16090 S. Tamiami Trail (US 41) in Fort Myers, Florida, and features 150 feet of frontage on US 41. The offering also includes prominent signage and is positioned for favorable North/South traffic flow, noted as 62,000+ cars per day. Additional surrounding traffic generators are described as including national retail, automotive dealerships, medical facilities, and dense residential communities.
The site is located at 16080–16090 S. Tamiami Trail (US 41) in Fort Myers, Florida, and features 150 feet of frontage on US 41. The offering also includes prominent signage and is positioned for favorable North/South traffic flow, noted as 62,000+ cars per day. Additional surrounding traffic generators are described as including national retail, automotive dealerships, medical facilities, and dense residential communities.
Key Highlights
- Two flex‑style showroom/office/warehouse buildings totaling 14,304 SF, built in 2007.
- 150' of frontage on US 41 (S. Tamiami Trail) in Fort Myers, FL, with prominent signage.
- Versatile occupancy options for retail, service, distribution, or trade operations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$156,479
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,129,580
$3.1M
Cap Rate 7%
$2,235,414
$2.2M
Cap Rate 9%
$1,738,656
$1.7M
Market Conditions
NOI Build-Up for 14,304 SF
Gross rent
$257.5K $18.00/SF
− Vacancy
−$16.7K −$1.17/SF
EGI
$240.7K $16.83/SF
− OpEx
−$84.3K −$5.89/SF
NOI
$156.5K $10.94/SF
Area
Lee County, FL
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,129,580
Cap Rate 7%
$2,235,414
Cap Rate 9%
$1,738,656
Alternative Uses
Best Use
Flex RnD
$2.24M
$1.96M – $2.61M
NOI $156,479 @ 7.0% cap · market cap 5.40%
Second Best
Warehouse
$2.08M
$1.82M – $2.43M
NOI $145,842 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$4.50M
$3.94M – $5.25M
NOI $315,146 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
62,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33908, FL
43,110
Population
32,067
Households
1.3
Avg Household Size
63
Median Age
44%
College-Educated
96%
High-School Grad
34.2 sq mi
ZIP Area
1,261
Density / Sq Mi
$74,711
Median Household Income
$50,063
Median Earnings
$1,829
Median Rent
$346,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Savour First Choice Catering — 16520 S Tamiami Trail #136, Fort Myers, FL 33908
Frequently Asked Questions
What type of property is this?
Flex space - Two flex-style buildings offer showroom/office/warehouse space with prominent signage and 150 feet of highway frontage.
Where is this flex space located?
The property is located at 16080-16090 S Tamiami Trail US 41 Fort Myers, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Two flex‑style showroom/office/warehouse buildings totaling 14,304 SF, built in 2007.; 150' of frontage on US 41 (S. Tamiami Trail) in Fort Myers, FL, with prominent signage.; Versatile occupancy options for retail, service, distribution, or trade operations.
