Open Door Preschool buys bank-owned London Plaza

BUYER: Open Door Preschool Inc. (principal: Daniel and Rachel McIntyre), Lehigh Acres
SELLER: Mutual of Omaha Bank
PROPERTY: 5280 Lee Blvd., Lehigh Acres
PRICE: $1.1 million
PREVIOUS PRICE: $1.03 million, May 2007
LAW FIRM ON DEED: Rogers Towers PA, Fort Myers

PLANS, DESCRIPTION:
Open Doors Preschool Inc. purchased the 17,807-square-foot London Plaza for $1.1 million.

The price equated to $62 per square foot. That figure is less than the two-year average price per square foot for retail space ($144) in Southwest Florida, according to the CoStar Group.