6391 Bayshore Rd North Fort Myers, FL 33917-3130
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · North Fort Myers, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.