Mattress Firm – Fort Myers, FL – NN Lease
9970 Interstate Commerce Drive
LIST PRICE: $2,175,000
CAP RATE: 6.2%
- New 2015 construction
- National tenant with the largest geographic footprint in the United States (1,900+ locations) among multi-brand mattress specialty retailers
- Great location with easy access from I-75; across from Gulf Coast Town Center with 1.7M square feet of retail space
- Florida has NO STATE INCOME TAX
- 10% rent increases every 5 years and options to extend lease
- $88K+ average household income within a 1 mile radius; 60,000+ people in a 5 mile radius
- Close proximity to Florida Gulf Coast University (11,291 students enrolled) and Southwest Florida International Airport (7.3M annual passengers)
- There are no features available
$2,175,000
4,050 square feet
Price: | $2,175,000 |
Cap Rate: | 6.2% |
Building Size: | 4,050 square feet |
SF Land Area: | 0.62 acres |
Current NOI: | $135,000 |
Lease Type: | NN |
Remaining Term: | Eleven (11) Years |
Status: | Under LOI |
CONTACT BROKER
Michael Zimmerman
