EXECUTIVE SUMMARY:
11498 S. Cleveland Avenue is a freestanding second-generation restaurant building in Fort Myers, FL. With approximately 175’ of frontage along US-41, and excellent exposure to nearly 53,000 vehicles per day, this creates a unique opportunity for an end-user, speculative investor or developer.
The property has multiple points of access, and great corner exposure at the corner of US-41 and Oak Dr. The location sits within a dense commercial corridor, with a population count over 69,000 within a 3-mile radius, and average household income of $75,000±. The expected growth rate between 2025-2029 is 3.5%.
Within 2± miles both North and South of Subject, there are several developments and re-developments across multiple stages, both multi-state and nationally recognized brands.
PROPERTY HIGHLIGHTS:
• 4,212± Sq. Ft.
• 2nd-Gen Freestanding Restaurant
• High visibility from S. Cleveland Ave. (US-41)
- AADT 53,000±
• Ample On-Site Parking
• Dedicated turning lane from S. Cleveland Ave. (US-41)
• 2 Points of Ingress/Egress
• Accessible from both North and South bound traffic