6391 Bayshore Rd, North Fort Myers, FL 33917-3130
- Drug stores
- 16,169 SF
- 1.77 lot acres
Current Use by Public Records
- Drug stores
Property Details for 6391 Bayshore Rd
- Year built
- 2008
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.77 lot acres
- Zone code
- CC
- Property type
- Drug stores
- APN
- 30-43-25-00-00028.0000
- APU
- 30432500000280000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 31, 2025 | — | Jzm Capital LLC | Willow Pond Family Limited Partners | Deed · related | — |
| Apr 2, 2025 | $4,290,000 | Jzm Capital LLC | Willow Pond Family Limited Partners | Warranty Deed | — |
| Dec 9, 2013 | $5,950,000 | Willow Pond Family LP | Armer & Armer Investments | Grant Deed | $2M · Miscellaneous Ins Co |
| Oct 17, 2008 | $5,300,000 | Armer Investments | Gh & G Slater LLC | Grant Deed | $2.3M · Bank Of The West |
| Oct 15, 2007 | $1,230,000 | Gh & G Slater LLC | Bayros LLC | Grant Deed | $4.7M · Compass Bank |
| Sep 11, 2007 | $163,000 | Lee County | Bayros LLC | Warranty Deed | — |
| Apr 25, 2005 | $987,000 | Bayros LLC | Rosier Patricia Trust | Warranty Deed | — |
| May 6, 2003 | $120,000 | Mid-ohio Securities Corp | Buckley,tr | Grant Deed · related | — |
| May 5, 2003 | $630,000 | Rosier,tr | Buckley,stephen W Tr | Grant Deed | — |
Description
This exceptional investment opportunity presents a fee-simple, Class A, 12,900 square foot Dollar General convenience store located at 6391 Bayshore Rd, North Fort Myers, FL 33917. The property sits on a 1.76-acre lot at a signalized intersection with high traffic counts (34,000 vehicles daily) and enjoys excellent visibility. Nearby businesses include McDonald's, Publix, Circle K, and Walgreens, indicating a strong retail environment. The building, constructed in 2008, is a single-story masonry block and stucco structure in excellent condition, having withstood past hurricanes with minimal damage. The property benefits from an absolute NNN lease with a corporate guarantee from CVS, providing significant financial security. The lease has a remaining term of 9.2 years (expiring 01/31/2034), with a fixed annual rent of $357,717, representing an 8.00% cap rate and a price per square foot of $346.63. The asking price is $4,471,463. The property is zoned for commercial use and offers significant potential for long-term appreciation. This is a rare opportunity to acquire a stable, high-performing retail asset in a prime location with a strong tenant and favorable lease terms. The property is offered free and clear of debt. The seller will retire the existing mortgage upon sale.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,535,000
- 6.5%
- $3,265,000
- 7%
- $3,030,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,719,000
Market price range: $902k - $4.19M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $5,080,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $5,525,000 Change: +9% Conversion: Moderate
- OFFICE BUILDING
- $4,685,000 Change: -8% Conversion: Easy
- MEDICAL BUILDING
- $4,620,000 Change: -9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.8513
- Latitude
- 26.6994
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
