Fully Leased Commercial
28065 Cleveland Avenue Punta Punta Gorda, FL 33982
For Sale
$949,000
Commercial/industrial building is fully occupied and 100% leased through 2026.
Property Size6,000 SF
Price / SF$158.17
Days on Market155
Property Features for 28065 Cleveland Avenue Punta
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Industrial
Listing Agency:
LQ Commercial | Fort Myers
(407) 929-2863
Listed By:
Courtney Saksefski
(407) 929-2863
Source:
Thebrokerlist
Added: Feb 18
Changed: Jul 21
Last Checked: Jul 21 at 3:01AM
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 | Fort Myers
Investment Insights
Based on property information with market context.
This commercial/industrial building offers a 6,000 SF warehouse facility that is fully occupied and 100% leased through 2026. The property is presented for sale as a stabilized, income-producing asset.
The building is located approximately 10 minutes from I-75, with access right off Highway 17 and Cleveland Avenue.
The property’s current configuration supports continued warehouse use under the existing lease terms through the end of 2026.
The building is located approximately 10 minutes from I-75, with access right off Highway 17 and Cleveland Avenue.
The property’s current configuration supports continued warehouse use under the existing lease terms through the end of 2026.
Key Highlights
- 6,000 SF commercial/industrial building that is fully occupied and 100% leased
- 100% lease coverage through 2026
- Located right off Highway 17 and Cleveland Avenue
Financial Insights For Warehouse
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 | $72.0k | $12.00 |
| − Vacancy | −$5.8k | −$0.96 |
| EGI | $66.2k | $11.04 |
| − OpEx | −$9.9k | −$1.66 |
| NOI | $56.3k | $9.38 |
6,000 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$804.3K
$703.8K – $938.4K
NOI $56,304 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,520 @ 7.0% cap · market cap 14.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bluefin Mechanical
HVAC Service
Similar Off Market Nearby
- Cleveland RV and Boat storage — 5274 Duncan Rd, Punta Gorda, FL 33982
FAQs
What type of property is this?
Warehouse - Commercial/industrial building is fully occupied and 100% leased through 2026.
Where is this warehouse located?
The property is located at 28065 Cleveland Avenue Punta Punta Gorda, FL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 6,000 SF commercial/industrial building that is fully occupied and 100% leased; 100% lease coverage through 2026; Located right off Highway 17 and Cleveland Avenue
