16251 N Cleveland Ave - Storefront FOR SALE


North Fort Myers, FL 33903
$3,350,000 USD
239-992-1200
16251 N Cleveland Ave, North Fort Myers, FL for Sale
$3,350,000 USD
Storefront - FOR SALE
1/5
null | Request Cap Rate

16251 N Cleveland Ave
North Fort Myers, FL 33903


HIGHLIGHTS

  • Stabilized Multi-Tenant Asset with Diversified Income
  • Brand-new roof installed in December 2025 w/ 20-year NDL
  • Flexible zoning approved for medical, office and retail
  • High-Traffic US-41 corridor location
  • Adjacent DaVita Dialysis building is also FOR SALE for $1,175,000

OVERVIEW

Premier Commercial is pleased to present the exclusive opportunity to acquire Tamiami Plaza, located at 16251 N. Cleveland Avenue in North Fort Myers, Florida. This multi-tenant commercial/medical building encompasses approximately 20,532 square feet and is occupied by nine (9) tenants. The property’s tenant mix is anchored by necessity-based healthcare and personal services businesses, delivering a diversified and stable income stream. The property is zoned C-1 (Neighborhood Commercial) and approved for a broad range of office, medical office, and retail uses, providing flexibility for future leasing without rezoning. Tenants benefit from direct US-41 frontage, a fully signalized intersection, double curb cut access, available building signage, and on-site parking spaces. A full roof replacement completed in December 2025, backed by a 20-Year No Dollar Limit (NDL) Warranty, significantly reduces near-term capital expenditure risk for the incoming owner. Situated along North Cleveland Avenue / US-41 with traffic counts of approximately 27,000 vehicles per day, the property benefits from premier frontage in one of North Fort Myers’ busiest commercial corridors. The surrounding trade area features a strong mix of retail, service, and residential uses, supported by the greater Fort Myers MSA population of approximately 860,000 residents and continued regional healthcare expansion.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tamiami Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

4.79 AC

LAND SF

208,652 SF

ZONING

C-1

APN/PARCEL ID

27-43-24-L4-U1033.5330

ASK ABOUT THIS PROPERTY

Matthew W. Stepan, CCIMPremier Commercial, Inc.More Info
239-992-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Matthew W. Stepan, CCIMPremier Commercial, Inc.More Info
239-992-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.