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Property profile & analytics
OFF-MARKET
Industrial properties

12220 Itec Haul Dr Lehigh Acres, FL 33913

1,500 SF Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, 1,500-square-foot Class A flex space in the Airport Haul Road Business Park, located at 12220 ITEC Haul DR, suite 204, Fort Myers, FL 33913. The property, built in 2024, boasts a 20-foot ceiling height and is situated within a prime industrial park. Currently operating under a single, Net Lease (NNN) agreement with a 100% occupancy rate, the lease commenced September 1st, 2024, and expires August 31st, 2027, representing a remaining lease term of approximately 2.8 years. The current annual Net Operating Income (NOI) is $27,000, yielding a 6.00% cap rate. The asking price is $450,000, translating to a price per square foot of $300 and a price per unit of $450,000. Rent bumps are structured as either 3% annually or CPI + 2%, whichever is greater. This condominium ownership offers a stable income stream and significant tax advantages, making it ideal for 1031 exchanges. The property's strategic location ensures excellent accessibility and visibility, enhancing its long-term investment potential. The lease includes options for terms of 1-3 years.

Property profile
Verified
Property type Industrial properties
Year built 2024
Total area 1,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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