Alico Commerce Court Portfolio
Industrial Flex Condo Investment Opportunity
Marketing description
LSI Companies, Inc is pleased to present this investment opportunity Alico Commerce Court industrial flex condo portfolio located with the Alico Enterprise Center.
The site is situated along the highly sought after Alico Corridor in Unincorporated Lee County. The development is comprised of 5 buildings and 48 condo units totaling 78,750± Sq. Ft. The units feature a combination of warehouse and office spaces, offering versatility for various business needs including professional office, retail and warehouse/light manufacturing.
This portfolio consists of 21 condo units within Buildings 1,2,3 & 5. Below market rents indicate a value-add opportunity for investors seeking to maximize returns through strategic repositioning over a 12-24 month time period.
• High traffic counts and proximity to the Southwest Florida International Airport, Florida Gulf Coast University, and other key regional employers and developments
• Flexible space options that can accommodate a range of commercial uses, from light industrial to office/showroom
• Immediate occupancy potential for businesses seeking a presence in Fort Myers, along with a strong investment opportunity for future growth
• Value add opportunity, poised to deliver strong returns through targeted lease restructuring
Investment highlights
• Alico Enterprise Center:
◦ 5 Buildings
◦ 48 Total Condo Units
◦ 78,750± Total Sq. Ft.
• Exterior Surveillance & Lighting
• Fully Sprinklered
• 3-Phase Power
• Individually Metered Units
• No Hurricane Damage Incurred
• 90% of Florida can be Accessed within a 3.5 Hour Drive
BUILDING / UNIT SPECS:
• Clear Span: 18'
• Overhead Doors: (14'h x 12'w) & (16'h x 10'w)
• Typical Unit Makeup
• 80% Warehouse
• 20% Office
• Building Heights: 20'
• Finished Floor Elevation (F.F.E.): 17.5' NGVD
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