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Property profile

22904 Lyden Dr Estero, FL 33928

OFF-MARKET
Office Spaces
10,941 SF 0.04 ac lot Built 2022
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Property summary

AI-generated overview

This exceptional 3,478 square foot medical office suite, located within the newly constructed Coconut Trace Professional Center in Estero, Florida, presents a unique investment opportunity. Situated on a 0.04-acre lot at 22904 Lyden Drive, Unit 5 & 6, this property boasts a highly desirable location directly across from the bustling Coconut Point Shopping Mall, ensuring high visibility and convenient access for patients and staff. The building benefits from excellent accessibility via US41, easily reached by turning east onto either Bulb Lane or Vanderberg Way. High traffic counts, averaging 58,000 vehicles daily in 2023 according to FDOT reports, further enhance the property's appeal. The meticulously designed interior comprises a spacious reception and waiting area, eight well-appointed medical offices each equipped with water access, a substantial procedure room, one private doctor's office, an additional private office, a large breakroom, three restrooms, and dedicated janitor's and supply closets. The entire Coconut Trace Professional Center is a multi-tenant building, offering a professional and collaborative environment. With its prime location, modern build-out, and ample space, this property is ideally suited for a variety of medical practices seeking a thriving and accessible location. The total building size is 10,941 square feet, and this suite is offered at $1,650,000.

Property profile

Verified
Property type Office Spaces
Year built 2022
Total area 10,941 SF
Lot 0.04 ac (1,742 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

22904 Lyden Dr Estero, FL 33928
Estero metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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