Fort Myers Industrial
4599-4607 Fowler Street, Fort Myers, FL 33907
Five-building industrial asset with high visibility and excellent connectivity.
Type:Industrial
Property size:
68,774 SFPrice / SF:
$138/SF- Added:
- Nov 26, 2025
- Days on Market:
- 186
- Last Refresh:
- May 8 at 9:04 pm
Property Features for 4599-4607 Fowler Street
General Information
- Standard status
- Active
- Size
- 68,774 SF
- Property subtype
- Industrial
Listing agent Brock Rasmussen, SIOR License #3345374 (239) 209-0458
Listing office Lee & Associates | Orlando (239) 209-0458
Listing date Nov 26, 2025
Source Lee-associates
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 Lee & Associates | Orlando
HighLights
- 100% Occupied: Provides immediate and stable income stream.
- Excellent Location: Strategically positioned in Fort Myers with exceptional access to I‑75, US‑41.
- High Visibility: Frontage on Fowler Street with traffic counts exceeding 65,000 vehicles per day.
- Functional Mix of Buildings: Features five industrial buildings suitable for showroom, warehouse, flex, and commercial use.
- Grade‑Level and Dock‑High Doors: Offers versatile loading and unloading capabilities.
- Well‑Maintained Buildings: Enhances curb appeal and tenant satisfaction.
Overview
This industrial asset comprises five buildings totaling 68,774 square feet, situated on 3.07 acres with frontage on Fowler Street. The property offers functionality, visibility, and access. The mix of industrial buildings includes showroom, warehouse, flex, and commercial spaces, featuring both grade-level and dock-high doors. The property is fully occupied, providing a steady income stream. All buildings have been well-maintained, enhancing curb and tenant appeal. The location experiences traffic counts exceeding 65,000 vehicles per day. Positioned between I-75 and US-41, the property provides regional connectivity throughout Southwest Florida. Located in Fort Myers, south of the Colonial Boulevard and Fowler Street intersection, the property offers local and regional connectivity. Tenants benefit from quick access to US-41, the Midpoint Bridge, and I-75 for efficient statewide distribution. The site is approximately 6.3 miles from the Colonial Boulevard/I-75 interchange and 24 minutes from Southwest International Airport (RSW).
Local Financial Insights For Flex RnD
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 | $1.24M | $18.00 |
| − Vacancy | −$80.5k | −$1.17 |
| EGI | $1.16M | $16.83 |
| − OpEx | −$405.1k | −$5.89 |
| NOI | $752.4k | $10.94 |
68,774 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$10.75M
$9.40M – $12.54M
NOI $752,353 @ 7.0% cap · market cap 7.92%
Second Best
Warehouse
$10.02M
$8.77M – $11.69M
NOI $701,214 @ 7.0% cap · market cap 7.38%
Theoretical Best
Office A
$21.65M
$18.94M – $25.25M
NOI $1,515,229 @ 7.0% cap · market cap 15.95%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.8624
- Latitude
- 26.5949
Nearby Similar for Sale
FAQs
What type of property is this?
Industrial property - Five-building industrial asset with high visibility and excellent connectivity.
Where is this industrial property located?
The property is located at 4599-4607 Fowler Street Fort Myers, FL.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: 100% Occupied: Provides immediate and stable income stream.; Excellent Location: Strategically positioned in Fort Myers with exceptional access to I‑75, US‑41.; High Visibility: Frontage on Fowler Street with traffic counts exceeding 65,000 vehicles per day.
