2977A Cleveland Ave | Fort Myers, FL 33901
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- LoopNet Team
2977A Cleveland Ave
Fort Myers, FL 33901
7-Eleven & Wells Fargo ATM · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Net Lease: 7-Eleven has 9+ years of base term remaining and six 5-year options with 10% increases every five years
- Bloom Residential Development: 336 units with 500+ estimated residents that will drive business to the 7-Eleven and ATM (see page 16)
- Bonus Depreciation: may allow investors to accelerate deductions and improve after-tax returns (consult your tax professional)
- Wells Fargo ATM Provides Additional Income Stream: The ATM lease creates a secondary, stable rent source from a nationally recognized credit tenant
- High-Traffic Corridor: Combined traffic counts of over 52,800 VPD
- Tax-Free Florida
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,010 SF
Building Class
C
Year Built
2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
2.38 AC
Zoning
C1 - Neighborhood Commercial
Parking
19 Spaces (5.43 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 25-44-24-P1-0150A.0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,152,615 |
PROPERTY TAXES
Parcel Number
25-44-24-P1-0150A.0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,152,615
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