10201 FL-82, Fort Myers, FL 33905 For Sale

THE OPPORTUNITY:
LSI Companies Inc. is pleased to present a commercial outparcel offering located at the Northeast corner of the signalized intersection of SR 82 and Forum Blvd.
The Outparcels front the to-be-constructed residential rental community, North Forum Reserve, which will include a 356± unit apartment complex in addition to a 308± unit townhome rental development. Immediately adjacent to the subject, the 60-acre tract west of Lexington Palms is planned for an approximately 1,300-unit residential apartment development (expected commencement 2023).
Located less than a mile East of I-75 on State Road 82, this property is well situated to deliver commercial/retail product to serve growing demand and increased residential development activity in the immediate area. Currently, the area and corridor are severely underserved in the retail, office, and support service industries and few opportunities exist with signalized access within the sub-market. The SR-82 corridor runs East-West, connecting directly with Downtown Fort Myers to the west, and continues east into Lehigh Acres and Immokalee.
The highly trafficked (AADT: 42,600) roadway was recently expanded and improved and serves as an arterial connector vital to the Fort Myers and Lee County areas.