Class A Office
24301 & 24311 Walden Center Dr, Bonita Springs, FL 34134
Two Class A office buildings in Bonita Springs, Florida.
Type:Office
Property size:
94,776 SFPrice / SF:
$199/SF- Added:
- Mar 18, 2026
- Days on Market:
- 66
- Last Refresh:
- Mar 20 at 12:18 am
Property Features for 24301 & 24311 Walden Center Dr
General Information
- Standard status
- Active
- Size
- 94,776 SF
- Property subtype
- Office
Building Details
- Year Built
- 1997
Listing agent Brandon Stoneburner License #SL 3099587
Listing office Colliers - Fort Myers, Florida
Listing date Mar 18, 2026
Source Crexi
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 Colliers - Fort Myers, Florida
HighLights
- Premier Class A office asset in the rapidly growing Village of Estero/Bonita Springs submarket.
- Significant modernization with renovations in 2018/2019 and considerable capital enhancements.
- Core‑Plus investment with near term value‑add through lease‑up and rent growth.
- Currently 83.42% occupied.
- Lakefront campus with immediate regional access and daily amenities.
- Recent roof replacement, signage upgrades, and LED lighting.
Overview
The property consists of two three-story Class A office buildings, totaling 94,776 rentable square feet. Constructed in 1997 and renovated in 2018/2019, the property has undergone substantial modernization, with considerable capital enhancements. These include a recent roof replacement, signage upgrades, LED lighting throughout, complete renovation of twelve restrooms, new carpeting and paint, and extensive tenant improvement work. The property is positioned as a premier office asset in the submarket. It is located within a lakefront campus with immediate regional access and daily amenities. The property is currently 83.42% occupied and presents an opportunity to acquire a signature asset in the rapidly growing Village of Estero/Bonita Springs submarket. The Class A office market is experiencing increasing demand from companies seeking locations in Lee and Collier County, and is poised for continued rent growth and demand that outperform national trends.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$18.10M
NOI $1,628,722 @ 9.00% cap · cautious / downside scenario
Moderate
$23.27M
NOI $1,628,722 @ 7.00% cap · market / base-case scenario
Aggressive
$32.57M
NOI $1,628,722 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $2.37M | $24.96 |
| − Vacancy | −$194.0k | −$2.05 |
| EGI | $2.17M | $22.91 |
| − OpEx | −$542.9k | −$5.73 |
| NOI | $1.63M | $17.18 |
94,776 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$23.27M
$20.36M – $27.15M
NOI $1,628,722 @ 7.0% cap · market cap 8.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$29.83M
$26.10M – $34.80M
NOI $2,088,105 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Best Home Services
Hardware & Home Improvement
Webfitters
Marketing & Advertising
Transport Studios, LLC
Marketing & Advertising
WCI Golf Group ...
Golf Course
WCI Communities
Construction Company
Location Insight
- Map
- Local Demand
- City
- Bonita Springs
- County
- Lee
- State
- Florida
- Longitude
- -81.811427
- Latitude
- 26.391387
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Two Class A office buildings in Bonita Springs, Florida.
Where is this office building located?
The property is located at 24301 & 24311 Walden Center Dr Bonita Springs, FL.
What is the asking price?
The asking price for this property is $18,950,000.
What are key features of this property?
This property features: Premier Class A office asset in the rapidly growing Village of Estero/Bonita Springs submarket.; Significant modernization with renovations in 2018/2019 and considerable capital enhancements.; Core‑Plus investment with near term value‑add through lease‑up and rent growth.
