The Oasis 2260 Dr. Martin Luther King Jr. Blvd. Fort Myers, FL 33901
3960 SF restaurant with on-site parking and FF&E.
Property Features for The Oasis 2260 Dr. Martin Luther King Jr. Blvd.
General Information
- Standard status
- Active
- Size
- 3,960 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1980
Listing office SVN - Commercial Partners | Miami (239) 707-1700
Listing date Nov 21, 2025
Source Svn
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Investment Insights
Based on property information with market context.
Key Highlights
- 3,960 sq ft building with rare on‑site parking.
- Includes all FF&E (Furniture, Fixtures, and Equipment).
- High traffic location directly fronting SR 82 with 40,253 vehicles.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.5k | $21.60 |
| − Vacancy | −$1.7k | −$0.43 |
| EGI | $83.8k | $21.17 |
| − OpEx | −$21.0k | −$5.29 |
| NOI | $62.9k | $15.88 |