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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11940 Fairway Lakes Dr Fort Myers, FL 33913

9,760 SF 1.09 ac lot Built 1993
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a four-tenant, 9,760 square foot restaurant portfolio located at 11940 Fairway Lakes Dr, Fort Myers, FL 33913. The property, built in 1993, sits on a 1.09-acre lot and is zoned PUD. The single-story, Class B building boasts 100% occupancy with a strong tenant mix, all operating under a triple-net (NNN) lease structure. Each lease includes a favorable 5% annual escalation clause, aligning with current inflationary trends. The asking price is $2,725,920, translating to a price per square foot of $279.30. The property features ample parking and prominent signage at the entrance, ensuring high visibility for the tenants. The building is well-maintained, with no significant deferred maintenance issues reported. Consistent on-time rent payments from all four tenants demonstrate the stability and reliability of this investment. This is a turnkey opportunity for a savvy investor seeking a strong, cash-flowing asset in a desirable location. The property offers a compelling 7.5% capitalization rate. The six units are spread across the single building.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1993
Total area 9,760 SF
Lot 1.09 ac (47,480 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
Current use
Occupant on record · Public records
  • Eddie's Salon Suites Barber Shop
  • Beauty By Ashley LLC Nail Salon
  • Hair By Kendra Hair Salon
  • T’s Skin Therapy Medical Clinic Skin Care Clinic
  • Shearly Polished Barber Shop
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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