16159 Myriad Ln Fort Myers, FL 33908
Sponsored
Medical Office Investment: 6.2% Cap Rate
Property size:
4,200 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 16159 Myriad Ln
General Information
- Property type
- Medical offices
- Square Feet
- 4,200 SF
- Lot Size
- 13,068 SF
Building Details
- Year Built
- 2020
- Buildings
- 1
- Stories
- 1
- Units
- 1
HighLights
- Fee‑simple, single‑tenant medical office building in Fort Myers, FL, totaling 4,200 square feet.
- 10‑year corporate‑guaranteed lease with Heartland Dental; 5+ years remaining on initial term, three 5‑year renewal options, and 10% rent increases every five years.
- 2020 construction; strong intrinsic value; located directly across from a new Class A apartment complex.
- Excellent location near new residential developments, including multiple apartment complexes and new home communities.
- Proximity to Florida Southwestern State College and Florida Gulf Coast University, plus several shopping centers.
- Heartland Dental is a large, established dental practice with a national presence.
Property Profile
Location Intelligence
Current Use by Public Records
Medical offices
Map
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.9328081
- Latitude
- 26.4950756
Nearby Similar for Sale
FAQs
What type of property is this?
Medical office - Medical Office Investment: 6.2% Cap Rate
Where is this medical office located?
The property is located at 16159 Myriad Ln Fort Myers, FL.
What is the asking price?
The asking price for this property is $2,794,354.
What are key features of this property?
This property features: Fee-simple, single-tenant medical office building in Fort Myers, FL, totaling 4,200 square feet.; 10-year corporate-guaranteed lease with Heartland Dental; 5+ years remaining on initial term, three 5-year renewal options, and 10% rent increases every five years.; 2020 construction; strong intrinsic value; located directly across from a new Class A apartment complex.
