After 15 offers, retail plaza sells for $11.3 million

Tampa office of Marcus & Millichap brokerrs sale of Morse Shores in Fort Myers for $11.3 million.

  • By Business Observer Staff
  • | 6:00 a.m. January 9, 2019
  • | 0 Free Articles Remaining!
The Tampa office of Marcus & Millichap brokered the $11.3 million sale of Morse Shores in Fort Myers. Courtesy Marcus & Millichap
The Tampa office of Marcus & Millichap brokered the $11.3 million sale of Morse Shores in Fort Myers. Courtesy Marcus & Millichap
  • Charlotte–Lee–Collier
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FORT MYERS — Morse Shores, a retail plaza in Fort Myers anchored by Big Lots, Citi Trends and Save-A-Lot, has been sold for $11.3 million. 

The 170,811-square-foot retail property is 96% occupied, according to statement from Marcus & Millichap, the firm that listed the property. The plaza is at 4901 Palm Beach Blvd., a primary east-west corridor between downtown Fort Myers and Interstate 75.

 

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