Retail For Sale
4434-4458 Cleveland Ave, Fort Myers, FL 33901

$5,700,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11673388
  • Virtual Tour: YES
  • List Price: $5,700,000
  • Year Built:1973
  • Listing Date:October 8, 2024
  • Days On Market:335

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.

Features


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Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker