Class A Flex
Innovation Ln, Fort Myers, FL 33913
Modern flex space in a prime Fort Myers location.
Type:Industrial, Special Purpose
Property size:
41,888 SFPrice / SF:
$325/SF- Added:
- Nov 10, 2024
- Days on Market:
- 567
- Last Refresh:
- May 12 at 11:35 pm
Property Features for Innovation Ln
General Information
- Standard status
- Active
- Size
- 41,888 SF
- Property subtype
- Industrial, Special Purpose
Building Details
- Year Built
- 2025
Listing agent David R. Bartley Sr. License #FL 3249994
Listing office Bartley Realty
Listing date Nov 10, 2024
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 Bartley Realty
HighLights
- Prime Fort Myers location: Just 1.7 miles east of I‑75 on Alico Rd for easy access.
- Flexible spaces: Units range from 1,760 to 41,888 square feet, adaptable to various business needs.
- Ownership opportunities: Benefit from flexible financing options to own your corporate headquarters.
- Class A flex space: A modern development designed to elevate your corporate presence.
- World‑class amenities: Enjoy fully air‑conditioned spaces, advanced fire protection, LED lighting, roll‑up doors, high ceilings with mezzanine potential, and high‑capacity power.
- New Construction: Built in 2025.
Overview
Innovation at ITEC III presents a Class A flex space development designed to elevate corporate presence in Fort Myers. The property is strategically located just 1.7 miles east of I-75 on Alico Rd, providing convenient access for employees, clients, and distribution. Units range from 1,760 to 41,888 square feet, adaptable to accommodate expanding business needs. The spaces feature fully air-conditioned environments, advanced fire protection systems, energy-saving LED lighting, convenient roll-up doors, high ceilings with mezzanine potential, and reliable, high-capacity power to support demanding business operations. Flexible financing options are available to own a corporate headquarters in a prime Fort Myers location. This property is intended for use as a corporate headquarters and offers potential for business expansion.
Local Financial Insights For Office B
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 | $1.05M | $24.96 |
| − Vacancy | −$85.7k | −$2.05 |
| EGI | $959.8k | $22.91 |
| − OpEx | −$239.9k | −$5.73 |
| NOI | $719.8k | $17.18 |
41,888 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$10.28M
$9.00M – $12.00M
NOI $719,844 @ 7.0% cap · market cap 5.29%
Second Best
Flex RnD
$6.55M
$5.73M – $7.64M
NOI $458,234 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$13.18M
$11.54M – $15.38M
NOI $922,876 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Flex space
Map
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.7306
- Latitude
- 26.4783
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Modern flex space in a prime Fort Myers location.
Where is this flex space located?
The property is located at Innovation Ln Fort Myers, FL.
What is the asking price?
The asking price for this property is $13,613,600.
What are key features of this property?
This property features: Prime Fort Myers location: Just 1.7 miles east of I‑75 on Alico Rd for easy access.; Flexible spaces: Units range from 1,760 to 41,888 square feet, adaptable to various business needs.; Ownership opportunities: Benefit from flexible financing options to own your corporate headquarters.
