THE METRO PLEX 7

VALUE-ADD OPPORTUNITY

With 42% of the Gross Leasable Area (GLA) expiring within the next 18 months, the property offers a compelling opportunity to reposition leases at significantly higher market rates. Current rents are well below market, allowing a new owner to unlock substantial upside potential through strategic renewals or tenant replacements in the near term.

STRATEGIC LOCATION

Ideally positioned along the I-75 corridor, this industrial complex offers exceptional connectivity to major Florida markets, RSW Airport, and regional ports. The location is perfectly suited for distribution, logistics, and last-mile users, capitalizing on the area’s rapid growth and expanding consumer base across Southwest Florida.

HIGH QUALITY DISTRIBUTION

The Metroplex 7 totals 218,986 SF across seven high-quality industrial buildings, featuring 36 dock-high doors, 9 drive-in doors, and clear heights of 19-26 feet. The complex is fully sprinklered and well-lit, offering ideal functionality for modern distribution and logistics users.

DIVERSE TENANT BASE

The property is occupied by a strong mix of regional and national distribution tenants, providing reliable cash flow and reducing exposure to any single user. This tenant diversity reflects the ongoing demand for well-located, functional industrial space and helps ensure operational stability.

STRONG SUBMARKET FUNDAMENTALS

The Fort Myers industrial market benefits from strong population and economic growth, with the metro area expanding at an average rate of ~3% annually and a 9.5% population increase since 2020. Furthermore, industrial rents have continued to climb—up 8.8% year-over-year in late 2024 to an average of $14.18/SF NNN. This sustained demand, paired with limited new supply, supports a favorable outlook for rent growth and long-term value appreciation in the region.

PRICE BELOW REPLACEMENT COST

Offered below current replacement cost, The Metroplex 7 presents a compelling opportunity to acquire a functional, well-located asset at a significant discount to new construction. With modern industrial development costs in Southwest Florida ranging from $150 to over $200 per square foot, this pricing provides immediate value and positions investors to capitalize on continued rent growth and strong demand in the region.

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Key Information

Highlights

VALUE-ADD OPPORTUNITY

STRATEGIC LOCATION

HIGH QUALITY DISTRIBUTION

DIVERSE TENANT BASE

STRONG SUBMARKET FUNDAMENTALS

PRICE BELOW REPLACEMENT COST

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Agents

Broker of Record

Kyle Matthews