CRE News 10.20.26

CRE News 10.20.26

Fort Myers retail building sells for $3.7 million

Private investor buys property from Gulf Coast Motorcycles of Fort Myers

A private investor has acquired a one-story retail building at 17080 Pharmacy Road in Fort Myers, Florida, from Gulf Coast Motorcycles of Fort Myers for $3.7 million, or about $249 per square foot.

The 14,866-square-foot building was constructed in 1995 and renovated in 2010. The transaction was an owner-user sale.

The property was previously sold in 2015 for $1.95 million, or about $131 per square foot.

For the record

Don Droke of Berkshire Hathaway FL Realty Commercial Division represented the seller in the transaction

(CoStar AI | By Jenny Dinh)

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