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listing
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CommercialFor Sale
$5,299,950
16350 Innovation Ln
Fort Myers, FL 33913
Listing Provided Courtesy of Bartley Realty LLLP
MLS: SouthWest Florida Naples MLS
20,666Sq Ft
Est. Mortgage
$27,457/mo

"Value-Add Opportunity: Flex Space in High-Growth Fort Myers" 16350 Innovation Lane, Fort Myers, FL 33913 Unlock Significant Value with this Underutilized Flex Space This 20,666 square foot flex-style warehouse presents an exciting value-add investment opportunity in the dynamic Fort Myers market. Currently 50% leased, this property offers a prime chance to increase income through strategic leasing efforts. Key Investment Highlights: Significant Upside Potential: Lease up 50% of vacant space to significantly increase cash flow. Strong Market Fundamentals: Benefit from Fort Myers' robust economic growth and increasing demand for industrial space. Value-Add Potential: Implement improvements to enhance tenant appeal and further increase rental income. Attractive Financial Projections: Projected Cap Rate: 6.7% (current) Estimated Cap Rate (post-improvements): 7.45% Prime Location: Located in a desirable area with excellent access to major transportation routes. #FortMyersInvestment #FlexSpace #IndustrialProperty #ValueAdd #InvestmentOpportunity #CommercialRealEstate #RealEstateInvestment #FloridaRealEstate #HighGrowthMarket #CapRate

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