CVS

16950 Pine Ridge Rd, Fort Myers, FL 33908
$4,823,000

Cap Rate
5.35%
Gross SQFT
13,813
Year Built
2005
Term Remaining
±10Yrs
NOI
$258,000
Property Type
Retail

INVESTMENT HIGHLIGHTS

  • New 10-Year Extension
  • 5% Rental increases in options
  • Corporate Guaranteed
  • Investment Grade Tenant
  • Absolute NNN
  • Fee Simple Ownership
  • Zero Landlord Responsibility
  • Walking distance from Walmart Super Center, Publix, McDonald’s, Taco Bell, Sanibel Straits Apartments, Hampton Inn & Suites, Holiday Express Inn & Suites, etc
  • +30,000 vehicles seen per day
  • Population of +90,000 within a 5-mile radius
  • Average household income of +$91,000 within a 3-mile radius

Broker of Record

  • Kyle Matthews
  • License No. CQ1052263 (FL)
  • 866-899-0550
  • Matthews Real Estate Investment Services
  • 2321 Rosecrans Ave Suite 1225 El Segundo,
    CA 90245