16591 Gator Rd Fort Myers, FL 33912-5925
- Gas stations
- 4,032 SF
- 1.29 lot acres
Current Use by Public Records
- Gas stations
Property Details for 16591 Gator Rd
- Year built
- 2002
- Construction
- STEEL FRAME
- Lot size
- 1.29 lot acres
- Property size
- 4,032 SF
- Zone code
- IPD
- Property type
- Gas stations
- APN
- 05-46-25-04-00000.0010
- APU
- 5462504000000010
Description
This exceptional investment opportunity presents a stabilized, single-tenant warehouse located at 16591 Gator Rd, Fort Myers, FL 33912. The property, built in 2002, encompasses 4,032 square feet on a 1.29-acre lot and features a 16-foot ceiling height. Currently leased to Southeastern Traffic Supply, a credit-rated tenant, under a NNN lease with a remaining term of approximately 3.4 years (commencing April 1, 2023, and expiring March 31, 2028). The lease boasts 100% occupancy since May 1, 2023. The asking price is $1,750,000, representing a compelling cap rate of 6.60% and a price per square foot of $434.03. The property is zoned IPD (Lee County), allowing for a variety of uses including asphalt and concrete batch plants, manufacturing, heavy equipment sales/rentals, and outdoor storage. Its strategic location within the Alico Industrial Corridor, between US-41 and I-75, provides excellent access via the signalized intersection of Gator Road and Alico Road. This is a rare opportunity to acquire a high-performing industrial asset with significant upside potential in a thriving market. The property offers a strong tenant, long lease term, and excellent location, making it an ideal addition to any investment portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.8247
- Latitude
- 26.4992
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
