Key West Office & Retail Portfolio

Highlights

Description

This 40,684 SF office and retail portfolio offers immediate leasing potential and long-term value creation in one of Fort Myers’ most desirable commercial corridors. Spaces can be leased at competitive market rates around $22.50 PSF, with additional upside in bringing existing tenants up to market rent and completing the remaining vacancy.

The property also includes on-site land that does not belong to the association, originally planned to support two additional buildings of approximately 12,000 SF each. This creates a meaningful opportunity for future development, expansion, or strategic repositioning without association constraints.

With continued demand in this corridor and steady growth across the surrounding trade area, this asset delivers a compelling combination of stable income, value-add potential, and development upside for investors or owner-users.

Multiple suites are available in a variety of configurations, offering flexibility for office, medical, retail, wellness, education, and professional service users. The property sits in a highly visible, fast-growing area of Fort Myers with easy access from Cape Coral, Colonial Blvd, Downtown Fort Myers, and surrounding neighborhoods. Strong traffic counts of more than 60,000 cars per day provide excellent exposure for any business.

Several suites include rear doors that open to a small shared courtyard, creating a comfortable outdoor space for breaks or customer interaction. The property’s unique and charming architectural style helps businesses stand out and creates an inviting environment for both staff and customers. As an added incentive, the owner will build and deliver a new floor of the tenant’s choosing upon signing a lease, making it easier for businesses to customize and move in quickly. With strong demand and continued growth in this corridor, this location is well-suited for tenants seeking accessibility, character, and long-term stability.

Located along one of the fastest-growing commercial corridors in Lee County, this property offers exceptional connectivity to both Cape Coral and the greater Fort Myers area. Its central position provides convenient access to major arterials, making it ideal for businesses seeking strong regional reach. The site also benefits from its proximity to significant new development activity along Colonial Boulevard, including the redevelopment area surrounding the Broadway Palm Theatre, which continues to drive growth, traffic, and long-term demand in this submarket.

Units for Lease