USD 6,500,000

4434-4458 Cleveland Ave
Fort Myers, Florida 33901

For Sale

Property Description

Opportunity to acquire a fully stabilized neighborhood shopping center in the busiest commercial retail corridor in Fort Myers. This property features 3 standalone multi-tenant buildings, totaling 22,038 RSF which sit on
an expensive lot (2.1 acres). The property is directly located on a hard- corner in one of the busiest sub-markets of Fort Myers.

This investment opportunity features 95% occupancy, with a total of 11 tenants all on NNN lease agreements. The current diverse tenant mix are all at below-market lease rates which represents the potential to increase rates/income in the future. Roofs were replaced in 2020 and have a 15-year warranty. There are no outstanding repairs or maintenance needed.

Listed by APEX Capital Realty LLC

Property Details

ID #
A11233801
Status
Sale
Type
Commercial, Industrial, Retail
Zip Code
33901
Lot Area
91,476ft2
Year Built
1973
Lease Term
Triple Net Lease
Location
City Location, Corner Lot
Occupancy
Call Listing Agent
Utilities
Internet

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