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3940 Metro Pkwy, Fort Myers, FL 33916
84% occupied shopping center with leasing opportunity along Metro Parkway near Edison Mall.
Property Size32,647 SF
Days on Market118
Property Features for 3940 Metro Pkwy
General Information
Standard status
Active
Size
32,647 SF
Property subtype
Retail
Occupancy
84%
Additional Details
Traffic Count
21,500 vehicles/day
Listing Agency:
CBRE - Tampa
Listed By:
Jim Shiebler, CCIM, CEC · License #FL SL3347780
Source:
Crexi
Added: Apr 10
Changed: Jul 21
Last Checked: Jul 23 at 5:14AM
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 CBRE - Tampa
Investment Insights
Based on property information with market context.
Parkway Center is a 32,647-square-foot shopping center offered for sale in Fort Myers, Florida. The center is 84 percent occupied, creating leasing opportunities within the remaining vacant space. For the existing tenant base, about half have occupied the center for more than five years.
Parkway Center is located less than two miles east of Edison Mall, Southwest Florida’s only enclosed and climate-controlled shopping mall. The property also benefits from commuter traffic and exposure on Metro Parkway, which is reported to average 21,500 vehicles per day. Along Metro Parkway to the south, multiple projects are currently underway, including senior living, hotels, residential units, and commercial space.
Parkway Center is located less than two miles east of Edison Mall, Southwest Florida’s only enclosed and climate-controlled shopping mall. The property also benefits from commuter traffic and exposure on Metro Parkway, which is reported to average 21,500 vehicles per day. Along Metro Parkway to the south, multiple projects are currently underway, including senior living, hotels, residential units, and commercial space.
Key Highlights
- Parkway Center is a 32,647 SF shopping center in Fort Myers, FL.
- Currently 84% occupied, with leasing opportunity in the remaining vacant space.
- About half of existing tenants have occupied the center for more than 5 years.
Property Analytics
Current Use
Lease Details
21,500 VPD
Traffic count
84%
Occupancy
Location Intelligence
Trade Area within ½ mile
988
Businesses Nearby
14k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 44%
Home Improvements & Furnishings 7%
Popeyes Louisiana Kitchen
Dining
6,347 visits/mo
0.2 miles
Marathon
Shops & Services
4,321 visits/mo
0.2 miles
Avis Budget Car Rental
Shops & Services
1,271 visits/mo
0.4 miles
Graybar
Home Improvements & Furnishings
1,064 visits/mo
0.2 miles
Jiffy Lube
Shops & Services
921 visits/mo
0.2 miles
Demographics for 33916, FL
25,940
Population
12,480
Households
2.1
Avg Household Size
34
Median Age
21%
College-Educated
81%
High-School Grad
10.3 sq mi
ZIP Area
2,518
Density / Sq Mi
$49,353
Median Household Income
$32,770
Median Earnings
$1,363
Median Rent
$242,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Fantastic Fish & Aquariums — 4226 fowler st, fort myers, fl 33901
- Edison Square Shopping Center — 4350 Fowler St, Fort Myers, FL 33901
- Palm Pointe — Fort Myers, FL 33901
- Parkway Center — 3940 Metro Pkwy, Fort Myers, FL 33916
- Spinners Arcade — Fort Myers, FL 33916
Frequently Asked Questions
What type of property is this?
Shopping center - 84% occupied shopping center with leasing opportunity along Metro Parkway near Edison Mall.
Where is this shopping center located?
The property is located at 3940 Metro Pkwy Fort Myers, FL.
What are key features of this property?
This property features: Parkway Center is a 32,647 SF shopping center in Fort Myers, FL.; Currently 84% occupied, with leasing opportunity in the remaining vacant space.; About half of existing tenants have occupied the center for more than 5 years.
