Goodman Distribution, Inc: Wholly Owned Subsidiary of Daikin Industries Ltd – Global Fortune 1000 Company (Ranked #443) – The tenant Goodman Distribution, Inc. is owned by Houston, Texas based parent company Goodman Global Group, Inc. Goodman Global Inc. manufactures and distributes ducted-style unitary HVAC solutions for the residential and commercial markets. In 2012 Goodman Global, Inc. became a wholly owned subsidiary of Osaka, Japan based Daikin Industries, Ltd. Daikin ranked #443 on the Global Fortune 1000 list and in 2018, Daikin reported revenues of over $21.6 billion and an approximate net income of $1.7B.
New 7-Year Double-Net (NN) Lease – 3% Annual Rent Escalations – Extensive $600,000 Interior/Exterior Remodel – In June 2019, Goodman Distribution, Inc. signed a new 7-year double-net (NN) lease that includes 3% annual rent increases. The LL is nearing the completion of an extensive interior/exterior renovation worth approximately $600,000 set to be completed the end of November.
Real Estate Advantage – Located Just 5 Miles to Interstate 75 (90,000 CPD) – 10 Miles from SW Florida Int’l Airport – 6 Miles from Downtown Fort Myers – The subject property is located on Los Rios Way off Metro Pkwy, which sees traffic counts of 34,500 per day. The property is centrally located just 5 miles from Interstate 75 (90,000 CPD) for quick access to Southwest Florida International Airport only 10 miles to the south, reflecting an ideal central location for distribution purposes. Additionally, the property is strategically located just 6 miles from Downtown Fort Myers.
Flexible Building Configuration – Easy Truck Access/Loading – Secure Fenced Parking – 24 Foot Clear Height – Built in 2001 and extensively renovated in 2019, the Property consists of a 41,600-square-foot warehouse/distribution building that sits on an approximately 5.518-acre parcel. The building features (4) dock-high and (3) roll-up loading doors, a secure fenced parking area, 2,586 square feet of showroom/office space and 39,014 square feet of warehouse space. The configuration of the property offers an owner long-term flexibility for various operations and uses, and features easy loading access for deliveries, as well as storage space for inventory.
Located in Highly Desirable City of Fort Myers – Gateway to Region’s Beaches, Resorts – Coastal Hub for Business Growth in SW Florida – Educated Workforce – The subject property is located within the highly desirable city of Fort Myers, the county seat and commercial center of Lee County, Florida, the third-most populous state in the United States. Located in southwest Florida on the Gulf Coast, Fort Myers is the gateway to the region’s beaches, shops, resorts, and reputable institutions including Nova Southeastern University, Southern Technical College-Fort Myers, and Florida Southwestern State College. The city has seen extensive renovation to its downtown area, offering new restaurants, nightclubs, apartments, and artistic venues.
Lee County, Florida has become the coastal hub for business growth in Southwest Florida, fostering the development of a diverse and dynamic economy. With the region’s business incentives and unsurpassed quality of life, more and more companies are relocating to the area. Chico’s, a $28 billion clothing retailer, and Gartner, a $163 billion international technology research and advisory firm, have both operated and maintained their presence in the Cape Coral-Fort Myers MSA since before 2000. In 2013, the largest U.S. car rental company by sales, Hertz, relocated their global headquarters to the Cape Coral-Fort Myers region to take advantage of the ±7 million tourists that travel there annually. These successful institutions are supported by an educated workforce as ten colleges and universities in the Cape Coral-Fort Myers MSA offer regional employers an abundant stock of talent to facilitate the growth of their businesses.