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2201 Cantor Lane

Michael Lyons Acquires Package Deal From David Silver In North Fort Myers For $6.1M
SOLDPackage Deal

Michael Lyons Acquires Package Deal From David Silver In North Fort Myers For $6.1M

2201 Cantor Lane

$6,100,000

$87/SF

Building Size

70,056 SF

Asset Type

Package Deal

Closing

Sep 29, 2025

AI

A package deal located at 2201 Cantor Lane in North Fort Myers was successfully sold for $6,100,000. The asset spans a total of 70,056 square feet, equating to a price per square foot of $87.

Summary of transaction details:

The broker's note highlights that the seller had developed the portfolio over more than 20 years through various means and opted to divest from its management challenges. The transaction was facilitated by carefully vetting competing offers, ultimately leading to a cash offer from a qualified local investor keen on the opportunity.

Players

Daniel J. Cunningham

Marcus & Millichap

Broker

$197M

vol

30 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

North Fort Myers Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.60%

Cash-on-Cash

-0.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93