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Property profile & analytics
FOR LEASE
Turn key restaurants

13451 Mcgregor Blvd Fort Myers, FL 33919

7,526 SF 3.43 ac lot Built 1977
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US18-0092879
Property summary
AI-generated overview

Cypress Square, a two-story Class B commercial building, presents a unique investment opportunity in Fort Myers, Florida. This 39,664 square foot property sits on 3.85 acres of land and boasts a desirable location at the intersection of McGregor Blvd. and Cypress Lake Dr., offering exceptional visibility and accessibility. The building, constructed in 1977, features a mix of office and retail spaces, currently operating under multiple tenancies. One available office space of 1,305 square feet is currently listed. The property is zoned C-1 (Lee County) and its APN is 21452400000090000. Cypress Square benefits from ample parking, creating a convenient experience for both tenants and customers. The center enjoys a park-like setting and is home to established businesses, including Prawnbroker and Blue Sushi, indicating a strong tenant base and a thriving commercial environment. This property offers a blend of established tenants and a readily available space, making it an attractive option for investors seeking a well-located and established commercial property in the vibrant South Fort Myers market. The property's address is 13451 McGregor Blvd, Fort Myers, FL 33919.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,526 SF
Lot 3.43 ac (149,237 SF)
Zoning code C-1
APN 21-45-24-00-00009.0000
UPID US18-0092879
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
  • Pixel+Page Design Group Marketing & Advertising Advertising Agency
  • East & Greenwell Insurance Inc: Allstate Insurance Insurance Agency
  • Ritual Space Gym & Fitness Center
  • BLANC Restaurant
  • STUDIO H HAIR DESIGN LLC Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.41M
Owner & transaction history
Cois Family Partners LLC · 6 yrs held
Cois Family Partners LLC
since 2019
5 recorded transactions
2019
$5.0M
2003
$4.2M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $5.5M +17.7%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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