$2,387,000 USD
239-770-2940
HIGHLIGHTS
- Situated on one of the busiest corridors in Ft. Myers, South Cleveland Avenue runs north-south: 63,000 ADT
- Upside with leasing vacant space - Below Market Rents
- Diagonally Across from Aldi, Directly Across from Page Air Field
- Immediate Nearby Major Retailers: Sam’s Club, Trader Joe’s, Best Buy, Ross, Marshalls, Dick’s Sporting Goods, PetSmart, Rooms to Go, Panera & more
- Large Population Density: 12,709 – 1 Mile | 70,253 – 3 Miles
- Migration Explosion & Directly in Path of Progress & Development
OVERVIEW
CBRE is pleased to offer for sale 11120 S. Cleveland Avenue, a 13,200 SF mixed-use asset located along one of the busiest corridors in the Ft. Myers metro area, S. Cleveland Avenue. This north-south thoroughfare provides access to nearly 63,000 cars per day and links Ft. Myers to North Ft. Myers via the Caloosahatchee Bridge located 4.5 miles north of the plaza. The property is currently 75% leased to two (2) showroom tenants.
FOR SALE DETAILS
PRICE
$2,387,000 USD
PRICE/SF
$172 USD /SF
CAP RATE
7.9%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Mixed-Use Retail Strip
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1977
SPRINKLERS
-
PARKING SPACES
33
LAND DETAILS
LAND ACRES
0.82 AC
LAND SF
35,719 SF
ZONING
C-2
APN/PARCEL ID
11-45-24-00-00005.405A
ASK ABOUT THIS PROPERTY
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239-770-2940
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239-770-2940
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