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Two (2) Freestanding Retail Buildings 2 Retail Properties Offered at $4,827,900 CAD in Fort Myers, FL
INVESTMENT HIGHLIGHTS
- Two (2) Freestanding Retail Buildings Situated on 0.65 Acres For Sale
- Excellent Visibility with Over 150’ of Frontage Along Cleveland Avenue (US 41)
EXECUTIVE SUMMARY
Two (2) freestanding retail buildings situated on 0.65 acres for sale. Both buildings are net leased with income totaling $18,000 per month with an annual NOI year 1 of $216,000 and an average return over 5 years of 6.68%. Excellent visibility with over 150’ of frontage along Cleveland Avenue (US 41).
PROPERTY FACTS
| Price | $4,827,900 CAD | Number of Properties | 2 |
| Price / SF | $587.62 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.17% | Total Building Size | 8,216 SF |
| Sale Type | Investment NNN | Total Land Area | 1.15 AC |
| Status | Active |
| Price | $4,827,900 CAD |
| Price / SF | $587.62 CAD / SF |
| Cap Rate | 6.17% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,216 SF |
| Total Land Area | 1.15 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 11598 S Cleveland Ave, Fort Myers, FL 33907 | Retail | 4,462 SF | 1972 | - |
| 11600 S Cleveland Ave, Fort Myers, FL 33907 | Retail | 3,754 SF | 1972 | - |
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Two (2) Freestanding Retail Buildings
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