INVESTMENT PROPERTY | NATIONAL TENANT | 11% CAP RATE

SOLD! This automotive service facility is located on the east side of Fowler Street between Franklin and Dora Streets.  The Tenant, AAMCO Transmission & Total Car Care has 6 years remaining with 1 - 5 year Option to Renew on its Triple Net Lease.  The current net operating income indicates an overall capitalization rate of 11%.

Additional Information:

• Current NOI $28,500
• Property Taxes 2014 ($3,151.55)
• Zoning:  CI (Commercial Intensive) within the City of Fort Myers
• Frontage:  Approx. 110 feet on Fowler Street
• Building Layout:  1,000± SF Office/3,000± SF Warehouse
• Overhead Doors:  (3) Bay Doors each with (1) lift and room for (2) cars