5760 Youngquist

5760 Youngquist,
Fort Myers, FL 33912

 

$1,450,000
Offering Price
$117,506
NOI
8.10%
Cap Rate
$104
Price Per SF
14,000
Building SF
1.22
Land Acres
$1,450,000
Offering Price
$117,506
NOI
8.10%
Cap Rate
$104
Price Per SF
14,000
Building SF
1.22
Land Acres

Investment Summary

  • Located just off of U.S. 41, this multi-tenant industrial warehouse building comprises of units that range from 1160 to 2360 square feet with warehouse, office, and restroom space. The U.S. 41 is known for its vibrant and thriving businesses, its high-traffic area for customers and those looking for extra exposure for their business. The U.S. 41 is a major commuting roadway with people coming to and from Cape Coral, Fort Myers, Port Charlotte, Punta Gorda, Estero, Bonita Springs, Naples, and beyond. It is an economic driver that brings in tons of revenue into the area. The location makes this industrial warehouse building a hot ticket item in Southwest Florida and an attractive purchase for an investor. On the property, the road is ideally setup in a manner that allows traffic in and around the building creating easy flow in and out of the property. The building is all block construction with 31 parking spaces. The units have great office space and individual welcoming entrances with a window and glass door. This property is highly marketable and has a low vacancy rate. The tenants at this facility range from roofing businesses to electrical companies. The tenants are also on triple net leases which is an added benefit for an investor and the tenants because the facility has been well-maintained. The property managers at Sunizo Superior Realty Management have ensured upkeep at this facility and work with highly-qualified vendors. It is in great condition! The Sunizo team has extensive knowledge of vendors in the area and knows how to ensure any concerns or issues are addressed quickly and efficiently. Sunizo also collects rent and works on capital improvements at this property. It handles the income verification and vetting of prospective tenants including conducting eviction, criminal, credit, and background reports.

Investment Highlights

  • Great access to busy U.S. 41
  • Square footage range: 1,160- 2,360 square feet
  • Ideal entrance in and out of the facility for tenants
  • Virtual Tour:
  • https://app.immoviewer.com/portal/tour/1918752?accessKey=5fb5

  • The city of Fort Myers is located in the heart of Lee County, east of Cape Coral and north of Naples in Southwest Florida. The city is also between the major cities of Tampa and Miami. The population is more than 80,000 people according to the City of Fort Myers. The city is known for great access to popular beaches, nature, and has a plethora of shopping opportunities and a great downtown. Downtown is also nearby the Fort Myers Yacht Basin.
  • Fort Myers is great for businesses who want access to I-75 which runs through Florida and continues north through the United States. The U.S 41 with its bustling businesses also runs through the city. Fort Myers also known as "The City of Palms," is strategically located as a destination on the way to many coastal communities such as Fort Myers Beach, Sanibel, and more. Southwest Florida is an attractive region in Florida with visitors from all over the world. It has a healthy tourist season with seasonal residents who also come during the winter months. Tourist travel from all over the world to view the beauty that Fort Myers has to offer. Many corporations are also already established or looking at Fort Myers as a place to develop.
  • The Caloosahatchee River is to the west and north of the city of Fort Myers. There are also many other waterways and popular nature destinations within the city including the Six Mile Cypress Slough Preserve and Manatee Park. Fort Myers is rich with history and also home to the Edison and Ford Winter Estates. The IMAG History and Science Center also calls Fort Myers home. It has many family-friendly parks including Lakes Regional Park. There are also great schools in Fort Myers including higher education facilities such as Florida Gulf Coast University and Florida Southwestern State College.
  • The options are limitless for businesses wanting to open up or relocate into an industrial facility in Fort Myers, due to the wide range of companies and opportunities within this gem in Southwest Florida. Many businesses come to Fort Myers because the infrastructure exists. This city has a plethora of business opportunities and is highly attractive for tenants. Fort Myers is a great location to open up your business.
  • Located just off of U.S. 41, this multi-tenant industrial warehouse building comprises of units that range from 1160 to 2360 square feet with warehouse, office, and restroom space. The U.S. 41 is known for its vibrant and thriving businesses, its high-traffic area for customers and those looking for extra exposure for their business. The U.S. 41 is a major commuting roadway with people coming to and from Cape Coral, Fort Myers, Port Charlotte, Punta Gorda, Estero, Bonita Springs, Naples, and beyond. It is an economic driver that brings in tons of revenue into the area. The location makes this industrial warehouse building a hot ticket item in Southwest Florida and an attractive purchase for an investor. On the property, the road is ideally setup in a manner that allows traffic in and around the building creating easy flow in and out of the property. The building is all block construction with 31 parking spaces. The units have great office space and individual welcoming entrances with a window and glass door. This property is highly marketable and has a low vacancy rate. The tenants at this facility range from roofing businesses to electrical companies. The tenants are also on triple net leases which is an added benefit for an investor and the tenants because the facility has been well-maintained. The property managers at Sunizo Superior Realty Management have ensured upkeep at this facility and work with highly-qualified vendors. It is in great condition! The Sunizo team has extensive knowledge of vendors in the area and knows how to ensure any concerns or issues are addressed quickly and efficiently. Sunizo also collects rent and works on capital improvements at this property. It handles the income verification and vetting of prospective tenants including conducting eviction, criminal, credit, and background reports.
FOR MORE DETAILS CONTACT
Rich Hering
Vice President
(239) 310-2843
rich@sunizo.com