Florida & Gulf Coast CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Fort Myers Top Golf Property Sells for $38M
A 14-acre Fort Myers parcel was sold for $38 million. The Florida Business Observer reports the land, directly off of Interstate 75 in Fort Myers, was sold for just shy of $6 million more than what it sold for 18 months ago. The seller, Sideways Properties, paid $32.3 million for the property in March 2022.
The property’s current tenant, Dallas-based Topgolf, operates a 48,000-square-foot retail and entertainment complex on the site. It currently has an 18-year lease.
Win Chevrolet Properties was the buyer. SVN Commercial Advisors, a Sarasota commercial real estate firm, represented Win Chevrolet.