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CommercialFor Sale
$6,300,000
4434-4458 Cleveland Ave
Fort Myers, FL 33901
Courtesy of Apex Capital Realty LLC
MLS: MIAMI Association of REALTORS
Est. Mortgage
$32,619/mo
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.
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