Largo Investor Acquires EōS Fitness Facility In Fort Myers For $14.3 Million
10560 Colonial Boulevard
$14,300,000
$336/SF
Building Size
42,500 SF
Asset Type
Retail
Closing
Sep 30, 2026
About this deal
AI
The property involved in the transaction is a 42,500-square-foot EōS Fitness facility located at 10560 Colonial Boulevard in Fort Myers, FL. The asset was sold for $14,300,000, translating to a price per square foot of $336. The facility is situated on a 2.36-acre parcel of land and is leased to EōS Fitness under a 20-year, absolute triple-net, corporate-guaranteed lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $14,300,000
- Square Footage: 42,500
- Address: 10560 Colonial Boulevard
- Market: Fort Myers, FL
- Acres: 2.36
- Seller: Barclay Group
- Brokers: Patrick Nutt & William Wamble - SRS Real Estate Partners
- Price Per Square Foot: $336
A Largo investor acquired the property as part of a 1031 exchange, providing the new owner a long-term arrangement due to the stable lease with EōS Fitness, ensuring the gym's presence at the location for the duration of the lease agreement.
On the Map
$14,300,000
$336/SF
Retail
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Fort Myers Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93