Multi-Tenant Convenience Store
New
For Sale
Contact for pricing
2467 Edison Ave, Fort Myers, FL 33901
Two-unit building with a convenience store tenant in the front unit and a vacant back unit with existing hood.
Property Size6,228 SF
Price / SF$192.68
Days on Market4
Property Features for 2467 Edison Ave
General Information
Standard status
Active
Size
6,228 SF
Property subtype
RETAIL
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
LQ Commercial - Corporate
(203) 631-3698
Listed By:
Joey Gulino · License #249530480
Source:
Moodyscre
Added: Jul 28
Changed: Jul 30
Last Checked: Jul 31 at 11:51AM
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 LQ Commercial - Corporate
Investment Insights
Based on property information with market context.
This multi-tenant convenience store building offers two versatile units in a single structure, with a convenience store tenant in place at the front unit for immediate income. The back unit is currently vacant and includes an existing hood, providing a ready-to-lease layout for a new tenant.
The property is located at 2467 Edison Ave in Fort Myers, in a high-traffic corridor less than one mile from Downtown Fort Myers. The asset benefits from a new roof installed in Q4 2024.
With a front unit operating and a back unit positioned for lease-up, the building is well suited for an owner seeking both current occupancy and future tenant flexibility within a growing Midtown Fort Myers district.
The property is located at 2467 Edison Ave in Fort Myers, in a high-traffic corridor less than one mile from Downtown Fort Myers. The asset benefits from a new roof installed in Q4 2024.
With a front unit operating and a back unit positioned for lease-up, the building is well suited for an owner seeking both current occupancy and future tenant flexibility within a growing Midtown Fort Myers district.
Key Highlights
- 6,200 SF multi‑tenant commercial building with 2 units
- Convenience store tenant in place at the front unit
- Back unit vacant with existing hood for lease‑up
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $134.5k | $21.60 |
| − Vacancy | −$2.7k | −$0.43 |
| EGI | $131.8k | $21.17 |
| − OpEx | −$33.0k | −$5.29 |
| NOI | $98.9k | $15.88 |
6,228 SF · lease $21.60/SF/yr · vacancy 2.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.41M
$1.24M – $1.65M
NOI $98,876 @ 7.0% cap · market cap 8.24%
Second Best
Retail
$1.17M
$1.02M – $1.36M
NOI $81,701 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,215 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,071
Businesses Nearby
80k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Shops & Services 33%
Dining 13%
Hotels & Casinos 7%
Publix
Groceries
37,767 visits/mo
0.5 miles
RaceTrac
Shops & Services
25,274 visits/mo
0.1 miles
Dunkin' Donuts
Dining
8,194 visits/mo
0.1 miles
Hampton Inn
Hotels & Casinos
3,176 visits/mo
0.5 miles
Jimmy John's
Dining
2,468 visits/mo
0.4 miles
Demographics for 33901, FL
22,629
Population
11,709
Households
1.9
Avg Household Size
43
Median Age
29%
College-Educated
83%
High-School Grad
6.2 sq mi
ZIP Area
3,650
Density / Sq Mi
$51,579
Median Household Income
$37,233
Median Earnings
$1,291
Median Rent
$280,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- PAPA MEAT INC — 2601 Fowler St, Fort Myers, FL 33901
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Two-unit building with a convenience store tenant in the front unit and a vacant back unit with existing hood.
Where is this grocery and convenience store located?
The property is located at 2467 Edison Ave Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6,200 SF multi‑tenant commercial building with 2 units; Convenience store tenant in place at the front unit; Back unit vacant with existing hood for lease‑up
