4434-4458 Cleveland Ave
Fort Myers, Florida 33901, United States

MLS#: A11673388

$6,300,000 USD

Listed By APEX Capital Realty LLC

The Retail for Sale located at 4434-4458 Cleveland Ave Fort Myers Florida 33901 is currently for Sale, 4434-4458 Cleveland Ave Fort Myers Florida 33901 is listed for $6,300,000. If the property located at 4434-4458 Cleveland Ave Fort Myers Florida 33901 isn't what you're looking for, search Florida Real Estate to see other Commercial for Sale in Fort Myers .

The details

Property features

Date Updated: Oct 9, 2024

Construction details

Year built
1973

Description

Proud to present an exceptional opportunity to acquire a newly renovated neighborhood shopping center located in a prime commercial area of Fort Myers. This property features 3 standalone multi-tenant buildings, totaling 22,038 RSF, situated on an expansive 2.1-acre lot across from the popular Edison Mall. The property is strategically positioned on a hard corner along Cleveland Ave/Hwy US-41, in one of the busiest sub-markets of Fort Myers.
The current NOI is $390K, and recent capital improvements totaling $1.1M include a new roof, structural repairs, parking lot resurfacing, landscaping enhancements, upgraded lighting, common area updates, new HVAC systems, and more. Below-market lease rates represent the potential for increased income.

Location

4434-4458 Cleveland Ave, Fort Myers, Florida 33901, United States
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