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Restaurant with On-Site Parking

The Oasis 2260 Dr. Martin Luther King Jr. Blvd. Fort Myers, FL 33901

The Oasis 2260 Dr. Martin Luther King Jr. Blvd., Fort Myers, FL, 33901
$1,750,000
For Sale
Claim this Listing
$1,750,000

3960 SF restaurant with on-site parking and FF&E.

Property Size3,960 SF
Price / SF$441.92
AddedNov 21, 2025
Days on Market236
Last RefreshMay 9 at 1:40 am

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

Listing date Nov 21, 2025

Source Svn

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 SVN - Commercial Partners | Miami


Investment Insights

Based on property information with market context.

This 3960 square foot building includes on-site parking. The site directly fronts State Road 82, Hendry Street to the west, and Jackson Street to the east. The property includes all furniture, fixtures, and equipment. It benefits from lighted intersection access and offers seating for 120, both indoor and on the patio. A traffic count on State Road 82 between Fowler and Evans was recorded at 40,253 in 2015. The building was completely gutted and renovated in 2002. The property is suitable for restaurants, retail, conventional restaurants, parking lots and garages, and automotive businesses.

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
3,960 SF · lease $21.60/SF/yr · vacancy 2.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$898.1K
$785.9K – $1.05M (±1% cap)
NOI $62,869 @ 7.0% cap · market cap 3.59%
Second Best
Retail
$742.1K
$649.4K – $865.8K (±1% cap)
NOI $51,948 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$1.25M
$1.09M – $1.45M (±1% cap)
NOI $87,247 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Conventional restaurants

FAQs

What type of property is this?
Restaurant - 3960 SF restaurant with on-site parking and FF&E.
Where is this restaurant located?
The property is located at The Oasis 2260 Dr. Martin Luther King Jr. Blvd. Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 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.
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