4434-4458 Cleveland Ave Active

Fort Myers,FL 33901

$ 5700000

- Bed

0 Bath

22038 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 22,038 sqft

Price per Sqft $258

MLS Listing ID A11673388

Year Built 1973

Lot Size 2.101 Acres

Property Sub-Type Retail

Property Description

Fully renovated neighborhood shopping center located on a prime corner in Fort Myers across from Edison Mall. The property includes 3 standalone multi-tenant buildings totaling 22,038 RSF on a 2.1-acre lot. Currently 100% occupied by 13 tenants on NNN leases, generating an NOI of approximately $477,038. Recent capital improvements of $1.1M include new roof, HVAC systems, parking lot, landscaping, lighting, and more. Below-market lease rates offer strong upside potential in one of Fort Myers' most active commercial corridors.

Location

State FL

County Lee

Area 5940 Florida Other

Others

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