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12148 S Cleveland Ave
Fort Myers, FL 33907
Retail Property For Sale


Executive Summary
100% absolute triple net (NNN) lease. Highly improved, tenant-specific buildout makes it extremely costly for tenant to relocate at end of lease. High-traffic hard corner situated in a bustling commercial corridor. Large parking field striped for 123 parking. stalls parking ratio of 13.6 / 1,000 SF. Investors will be able to take advantage of
Florida's state income tax
Florida's state income tax
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,348 SF
Building Class
C
Year Built/Renovated
1977/2006
Price
$5,979,494 CAD
Price Per SF
$577.84 CAD
Cap Rate
7.50%
NOI
$448,462 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.58 AC
Zoning
C-1 - Commercial - Retail District
Parking
127 Spaces (12.27 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 14-45-24-00-00003.0100 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,608,658 CAD |
Property Taxes
Parcel Number
14-45-24-00-00003.0100
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,608,658 CAD
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