Built-Out Medical Office
For Sale
$1,750,000
Pending
22904 Lyden Drive 1 Estero, Estero, FL 33928
Turnkey medical office suite with reception, eight plumbing-equipped exam rooms, procedure room, and private physician’s office.
Property Size3,651 SF
Days on Market97
Property Features for 22904 Lyden Drive 1 Estero
General Information
Standard status
Pending
Size
3,651 SF
Additional Details
Business Included
Yes
Traffic Count
58,000 vehicles/day
Taxes and HOA fees
Annual Taxes
$4,105
Amenities
1
false
0.0404
Appraiser
Building Details
Year Built
2022
Stories
1
Listed By:
Tory Atkins
(904) 569-5862
Source:
Movetojacksonville
Added: Jul 9
Changed: Oct 6
Last Checked: Oct 7 at 9:46AM
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 Tory Atkins
Investment Insights
Based on property information with market context.
Coconut Trace Professional Center is a newly constructed, multi-tenant professional building offering a built-out medical office space for sale. Unit 1-2 includes a spacious reception and waiting area, eight exam rooms equipped with plumbing, a large procedure room, and a private physician’s office, along with an additional private office. The suite also features a generous breakroom, three restrooms, and dedicated janitorial and supply closets.
The property is located in the heart of Estero and sits directly across from Coconut Point Mall. Access is available from U.S. Route 41 Florida via Bulb Lane or Vanderberg Way. FDOT reports an average daily traffic count of 58,000, supporting convenient visibility and drive-by presence.
With high-end finishes throughout and a layout designed for clinical workflows, the space is presented as a turnkey option for medical or professional users.
The property is located in the heart of Estero and sits directly across from Coconut Point Mall. Access is available from U.S. Route 41 Florida via Bulb Lane or Vanderberg Way. FDOT reports an average daily traffic count of 58,000, supporting convenient visibility and drive-by presence.
With high-end finishes throughout and a layout designed for clinical workflows, the space is presented as a turnkey option for medical or professional users.
Key Highlights
- Newly constructed 2022 multi‑tenant professional building; Unit 1‑2 available for sale
- Approximately 3,651± SF built‑out medical office with reception and waiting area
- Eight exam rooms equipped with plumbing plus a large procedure room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,742
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,254,840
$1.3M
Cap Rate 7%
$896,314
$896.3K
Cap Rate 9%
$697,133
$697.1K
Market Conditions
NOI Build-Up for 3,651 SF
Gross rent
$91.1K $24.96/SF
− Vacancy
−$7.5K −$2.05/SF
EGI
$83.7K $22.91/SF
− OpEx
−$20.9K −$5.73/SF
NOI
$62.7K $17.18/SF
Area
Lee County, FL
Vacancy
8.20%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,254,840
Cap Rate 7%
$896,314
Cap Rate 9%
$697,133
Alternative Uses
Best Use
Office B
$896.3K
$784.3K – $1.05M
NOI $62,742 @ 7.0% cap · market cap 3.59%
Second Best
Healthcare Medical
$652.9K
$571.3K – $761.7K
NOI $45,700 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,439 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
58,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33928, FL
28,955
Population
20,835
Households
1.4
Avg Household Size
61
Median Age
48%
College-Educated
97%
High-School Grad
41.7 sq mi
ZIP Area
694
Density / Sq Mi
$100,264
Median Household Income
$52,197
Median Earnings
$1,959
Median Rent
$418,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Turnkey medical office suite with reception, eight plumbing-equipped exam rooms, procedure room, and private physician’s office.
Where is this medical office space located?
The property is located at 22904 Lyden Drive 1 Estero Estero, 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: Newly constructed 2022 multi‑tenant professional building; Unit 1‑2 available for sale; Approximately 3,651± SF built‑out medical office with reception and waiting area; Eight exam rooms equipped with plumbing plus a large procedure room
