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136 Pondella Rd 1,331 sq ft Retail Property North Fort Myers, FL 33903 £448,596 (£337.04/sq ft) 8% Net Initial Yield
EXECUTIVE SUMMARY
TruCity Realty is pleased to present an exclusive passive investment opportunity for a free-standing retail
property located in North Fort Myers, FL. The location benefits from being in a strong commercial corridor
surrounded by national and local tenants including world class entertainment and sporting arena. The property
sits on 10,000 sf lot, 12 parking spots, Triple Net Lease with Net Year Income $48,000.00 with 8% CAP RATE.
property located in North Fort Myers, FL. The location benefits from being in a strong commercial corridor
surrounded by national and local tenants including world class entertainment and sporting arena. The property
sits on 10,000 sf lot, 12 parking spots, Triple Net Lease with Net Year Income $48,000.00 with 8% CAP RATE.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
£35,888
|
£26.96
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Net Operating Income | |
|---|---|
| Annual | £35,888 |
| Annual Per sq ft | £26.96 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Size
1,331 sq ft
Costar Property Class
C
Year Built
1973
Price
£448,596
Price per sq ft
£337.04
Yield
8%
NOI
£35,888
Tenancy
Single
Number of Floors
1
Plot ratio
0.12
Total Plot Size
0.26 ac
Use Class
C-1A - Neighborhood Commercial
Parking
12 Spaces (9.02 Spaces per 1,000 sq ft Leased)
AMENITIES
- Bus Route
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
- Wake and Vape, LLC.
- Retailer
- -
- -
- NNN
- Mar 2030
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
| Wake and Vape, LLC. | Retailer | - | - | NNN | Mar 2030 |
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 02-44-24-00-00053.0010 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £279,398 |
PROPERTY TAXES
Parcel Number
02-44-24-00-00053.0010
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£279,398
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136 Pondella Rd
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