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

HOA Y/N No

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

Exterior

Private Pool Yes

Others

Tax ID 10184749

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