Two Freestanding Retail
For Sale
$2,850,000
11598 &11600 S Cleveland Ave, Fort Myers, FL 33907
Two net-leased retail buildings for sale with excellent visibility.
Property SizeContact for details
Lot Size0.65 Acres
Days on Market233
Property Features for 11598 &11600 S Cleveland Ave
General Information
Standard status
Active
Lot size
0.65 Acres
Property subtype
Retail
Listing Agency:
Lee & Associates | Fort Myers
Listed By:
Colton Brausen
(651) 303-7516
Source:
Lee-associates
Added: Mar 6
Changed: Jul 6
Last Checked: Oct 24 at 2:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Fort Myers
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Investment Insights
Based on property information with market context.
Two freestanding retail buildings are available for sale, situated on 0.65 acres. The buildings are net leased, generating a total income of $15,300 per month. The annual Net Operating Income (NOI) for the first year is $183,609, with an average return over five years of 6.93%. The property benefits from excellent visibility, featuring over 150 feet of frontage along Cleveland Avenue (US 41). The property is zoned C-1 (Commercial - Lee County).
Key Highlights
- High annual Net Operating Income (NOI) of $183,609 in year 1.
- Average return of 6.93% over 5 years.
- Two freestanding, net‑leased retail buildings generating $15,300 monthly income.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,403
Businesses Nearby
164k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 26%
Groceries 13%
Apparel 10%
Aldi
Groceries
21,667 visits/mo
0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
13,215 visits/mo
0.2 miles
Circle K
Shops & Services
13,129 visits/mo
0.3 miles
Starbucks
Dining
12,217 visits/mo
0.3 miles
Wings & Rings
Dining
10,786 visits/mo
0.2 miles
Demographics for 33907, FL
24,980
Population
14,125
Households
1.8
Avg Household Size
43
Median Age
26%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
3,422
Density / Sq Mi
$49,826
Median Household Income
$33,442
Median Earnings
$1,502
Median Rent
$236,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail property - Two net-leased retail buildings for sale with excellent visibility.
Where is this retail property located?
The property is located at 11598 &11600 S Cleveland Ave Fort Myers, FL.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: High annual Net Operating Income (NOI) of $183,609 in year 1.; Average return of 6.93% over 5 years.; Two freestanding, net‑leased retail buildings generating $15,300 monthly income.
