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22898542
22898548

12715 McGregor Blvd, Fort Myers, FL 33919

RD
FL SL3258523
Royal Shell Real Estate
Listed by Royal Shell Real Estate
$5,250,000
419 days on market
Updated 46 days ago

McGregor Village Neighborhood Center

Details
Property Type Retail, Multifamily (+1)
Sub Type Medical Office, Restaurant (+1)
Square Footage 31,636
Cap Rate 8.38%
NOI $439,986
Occupancy 100%
Tenancy Multi
Lease Type Gross
Rent Bumps Yes
Pro-Forma Cap Rate 10.71%
Pro-Forma NOI $562,464
Buildings 10
Ground Lease No

This neighborhood center has tremendous upside as most current leases are below market

Marketing description

Welcome to McGregor Village! A charming neighborhood center that has recently undergone a transformative development. It is now a vibrant new center with a village-like feel, making it an increasingly desirable place to run your business from.

This center offers pylon signage & easy access from both College Pkwy and McGregor Blvd. It also provides plenty of parking, lush landscaping and a great tenant mix of retail, office and restaurant(s).

Investment highlights

The McGregor Village neighborhood center in Fort Myers, FL presents significant upside potential due to rising rental rates and strong redevelopment opportunities. As demand continues to grow for retail, office, and multifamily properties along the McGregor Corridor, McGregor Village is well-positioned to benefit from this momentum. Increasing lease rates reflect the area's strengthening market fundamentals, driven by population growth, urban revitalization, and a shift toward mixed-use development. The corridor's appeal is further boosted by proximity to downtown Fort Myers and recent nearby projects that highlight investor and tenant interest. With its strategic location and evolving market conditions, McGregor Village stands out as a prime candidate for repositioning or redevelopment, offering both stable income and long-term value appreciation.

Listing Contacts

RD
FL SL3258523
Royal Shell Real Estate
Listed by Royal Shell Real Estate

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$439,985.94
$36,665.50/mo

Valuation Metrics

0
DSCR
8.38%
Cap Rate
8.38%
ROI

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Additional Information

Name
Ronald Delfino
License
SL3258523
Brokerage
Amerivest Realty
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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