3650 Colonial Ct - Schools FOR SALE


Fort Myers, FL 33913
$19,425,000 USD
863-227-6200
3650 Colonial Ct, Fort Myers, FL for Sale
$19,425,000 USD
Schools - FOR SALE
1/21
null | 8% Cap Rate

3650 Colonial Ct
Fort Myers, FL 33913


HIGHLIGHTS

  • Cash flowing NNN lease with a “Credit Tenant” in place.
  • Prime location near the I-75 and the Colonial Blvd interchange offering maximum exposure and easy access
  • Highly specialized build out in place specifically catered to medical training and learning
  • Exceptionally durable construction with top-tier finishes and upgrades.
  • The property is being sold well below replacement cost value.

OVERVIEW

LSI Companies is pleased to present the Nova Building, a Premium class A Building with an investment grade tenant committed to 100% of the space. Currently home to Nova Southeastern University, this exceptionally built facility offers a unique opportunity to acquire prime real estate in the thriving Fort Myers submarket. The construction and build-out are state-of-the-art and includes classrooms, conference rooms, clinical rooms, a fitness center, and much more. The property itself is located at one of the most sought-after locations in the SWFL, positioned at the Interstate 75 and Colonial Blvd interchange. The Nova Building boasts an impressive 60,305± sq. ft. of rentable space across 4 stories. Constructed in 2008, the Nova Building has been well maintained with numerous impressive upgrades contributed by the tenant. BUILDING OVERVIEW: Building Characteristics: • Building Foundation - Monolithic concrete slab reinforced by 120 Auger Cast pilings • Exterior Walls - Concrete block and synthetic stucco • Roof - Clerestory style standing seam roof and flat roof structure (inspected every 6 months) • HVAC - Central, zoned • Windows - Energy efficient, impact glass • Fire Protection - Fully sprinkled • Max Building Occupancy - 1,299 occupants 60,305± Rentable Sq. Ft.: • 1st Floor: 14,488± Sq. Ft. • 2nd Floor: 14,387± Sq. Ft. • 3rd Floor: 15,715± Sq. Ft. • 4th Floor: 15,715± Sq. Ft. Space Plan Summary: • (14) Classrooms/Labs • (40) Private Offices • (14) Exam & Simulation Rooms • (13) Mechanical Rooms • (12) Bathrooms • (3) Meeting/Conference Spaces • (2) Elevators Parking Spaces: • 270 parking spaces • Recently surfaced and resealed

FOR SALE DETAILS

PRICE

$19,425,000 USD

PRICE/SF

$322 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Colonial Court Higher Education Facility

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

270

LAND DETAILS

LAND ACRES

4.07 AC

LAND SF

177,289 SF

ZONING

Commercial General

APN/PARCEL ID

34-44-25-P1-02800.0050

ASK ABOUT THIS PROPERTY

Hunter WardLSI Companies, Inc.More Info
863-227-6200

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Hunter WardLSI Companies, Inc.More Info
863-227-6200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.