Built-Out Office
For Sale
Contact for pricing
40 Barkley Cir Unit 40-2, Fort Myers, FL 33919
Two office suites offer distinct configurations, including a finished professional space and an unfinished former dental office.
Property Size20,590 SF
Price / SF$0.00
Days on Market123
Property Features for 40 Barkley Cir Unit 40-2
General Information
Standard status
Active
Size
20,590 SF
Property subtype
Commercial
Building Details
Year Built
1990
Construction
Key West Style
Listing Agency:
RE/MAX Realty Group
Listed By:
Michael Frye · License #258000168
(239) 281-0441
Source:
Naplesareahomesearch
Added: Jun 25
Changed: Oct 23
Last Checked: Oct 24 at 6:00PM
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 RE/MAX Realty Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property includes two distinct units. Unit 42-1 contains 1,315 SF of finished professional office space with three offices, a conference room, wood flooring, a kitchenette, and two restrooms. Unit 40-2 provides 1,870 SF in an unfinished former dental-office configuration, with build-out costs and terms described as negotiable in the source information.
The property is located in Central Fort Myers near Summerlin Rd., between Colonial Blvd. and Boy Scout Dr. All buildings have new metal roofs. Ample shared parking serves the office units, providing a practical setup for occupants with different space and improvement requirements.
The property is located in Central Fort Myers near Summerlin Rd., between Colonial Blvd. and Boy Scout Dr. All buildings have new metal roofs. Ample shared parking serves the office units, providing a practical setup for occupants with different space and improvement requirements.
Key Highlights
- Unit 42‑1 offers 1,315 SF of fully built‑out professional office space
- Unit 40‑2 provides 1,870 SF in an unfinished former dental‑office layout
- Finished unit includes 3 offices, conference room, kitchenette, wood flooring, and 2 restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$353,838
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,076,760
$7.1M
Cap Rate 7%
$5,054,829
$5.1M
Cap Rate 9%
$3,931,533
$3.9M
Market Conditions
NOI Build-Up for 20,590 SF
Gross rent
$513.9K $24.96/SF
− Vacancy
−$42.1K −$2.05/SF
EGI
$471.8K $22.91/SF
− OpEx
−$117.9K −$5.73/SF
NOI
$353.8K $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%
$7,076,760
Cap Rate 7%
$5,054,829
Cap Rate 9%
$3,931,533
Alternative Uses
Best Use
Office B
$5.05M
$4.42M – $5.90M
NOI $353,838 @ 7.0% cap · market cap 2,527,414.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.48M
$5.67M – $7.56M
NOI $453,639 @ 7.0% cap · market cap 3,240,278.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,000
Businesses Nearby
Explore this area
Business Placement
Demographics for 33919, FL
30,587
Population
19,560
Households
1.6
Avg Household Size
57
Median Age
41%
College-Educated
95%
High-School Grad
8.7 sq mi
ZIP Area
3,516
Density / Sq Mi
$73,336
Median Household Income
$48,686
Median Earnings
$1,621
Median Rent
$291,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two office suites offer distinct configurations, including a finished professional space and an unfinished former dental office.
Where is this office unit located?
The property is located at 40 Barkley Cir Unit 40-2 Fort Myers, FL.
What are key features of this property?
This property features: Unit 42‑1 offers 1,315 SF of fully built‑out professional office space; Unit 40‑2 provides 1,870 SF in an unfinished former dental‑office layout; Finished unit includes 3 offices, conference room, kitchenette, wood flooring, and 2 restrooms
