11940 Fairway Lakes Dr, Fort Myers, FL 33913

11940 Fairway Lakes Drive presents a rare opportunity to acquire a stabilized neighborhood retail investment in one of the fastest-growing corridors in Southwest Florida. Located within the highly desirable Gateway master-planned community in Fort Myers, the property benefits from strong surrounding residential growth, expanding rooftops, increasing consumer density, and limited competing neighborhood retail inventory. The center is strategically positioned to serve both the established Gateway population and the continuing wave of multifamily and single-family development occurring throughout the immediate trade area.

The property consists of approximately 10,485 square feet of boutique neighborhood retail space and is 100% occupied by a diversified mix of service-oriented tenants that generate recurring daily traffic to the center. The tenant roster includes an established sushi restaurant, a highly successful salon suites operator, barber services, and professional office/retail users that collectively create strong cross-traffic and customer retention. Unlike commodity retail centers heavily dependent on discretionary shopping, Fairway Lakes Commons is positioned around experiential and necessity-based service tenants that are more insulated from e-commerce disruption.

A major strength of the investment is the lease structure. The majority of the leases are structured as NNN leases with annual rental increases, allowing investors to benefit from rising NOI growth while limiting exposure to increasing operating expenses and inflationary pressures. Several leases feature personal guarantees and annual escalations averaging approximately 4% to 5%, creating built-in income growth that compounds over time. In today’s environment where insurance, taxes, and operating costs continue to rise throughout Florida, the NNN structure provides significant protection to ownership and enhances long-term cash flow stability.

The property also possesses substantial intrinsic value through its tenant buildouts. The sushi restaurant contains a high-cost commercial kitchen and restaurant infrastructure that would be expensive to replicate in today’s construction market. Similarly, the salon suites concept requires extensive plumbing, partitioning, mechanical systems, and interior improvements that create meaningful tenant stickiness and reduce turnover risk. These specialized buildouts increase tenant commitment to the location while lowering the likelihood of vacancy disruption.

From a market perspective, Gateway continues to emerge as one of the strongest suburban growth nodes in the Fort Myers market due to its proximity to I-75, Southwest Florida International Airport, major employment centers, healthcare facilities, and expanding residential communities. Additional nearby residential development and the expansion of neighboring schools are expected to further increase traffic counts and consumer demand within the corridor. This creates long-term upside for continued rent growth and sustained tenant demand.

Fairway Lakes Commons is particularly attractive for investors seeking a balance of stable cash flow, inflation protection, and future appreciation potential without the operational intensity often associated with larger retail assets. The property combines strong in-place income with a manageable tenant mix, professional management characteristics, and durable neighborhood retail fundamentals. For investors seeking a high-quality Southwest Florida retail asset with built-in NOI growth and long-term market tailwinds, 11940 Fairway Lakes Drive represents a compelling opportunity