The Subject Property is located in northern Lee County, an area experiencing significant growth. North Fort Myers has experienced momentous expansion in the economic area of population, household income and property values since the year 2000. With nearly 1,000 people moving to Florida daily and many of those individuals flocking to the Suncoast, the Subject Property should see and consisten uptick in value over the coming years. The Subject Property is composed of (3) parcels totaling 2.99 acres along North Tamiami Trail in North Fort Myers, Florida. Surrounding a shopping plaza formerly anchored by Publix the value of the outparcels has increased recently as traffic counts along North Tamiami Trail have surpassed 38,000 cars per day. The Subject Property should be an attractive option for retailers in multiple industries even with the vacating of Publix as the plaza's anchor tenant. With growth in the surrounding area expected to continue, the Subject Property stands in an ideal location to service the surrounding community.
The Subject Property is located in northern Lee County, an area experiencing significant growth. North Fort Myers has experienced momentous expansion in the economic area of population, household income and property values since the year 2000. With nearly 1,000 people moving to Florida daily and many of those individuals flocking to the Suncoast, the Subject Property should see and consisten uptick in value over the coming years. The Subject Property is composed of (3) parcels totaling 2.99 acres along North Tamiami Trail in North Fort Myers, Florida. Surrounding a shopping plaza formerly anchored by Publix the value of the outparcels has increased recently as traffic counts along North Tamiami Trail have surpassed 38,000 cars per day. The Subject Property should be an attractive option for retailers in multiple industries even with the vacating of Publix as the plaza's anchor tenant. With growth in the surrounding area expected to continue, the Subject Property stands in an ideal location to service the surrounding community.
