Conventional Restaurant with Fifteen-Year
New
For Sale
Contact for pricing
3412 Cleveland Ave, Fort Myers, FL 33901
Sale-leaseback with a freshly executed fifteen-year lease and high daily traffic exposure along the US-41 corridor.
Property Size15,682 SF
Price / SF$45.26
Days on Market4
Property Features for 3412 Cleveland Ave
General Information
Standard status
Active
Size
15,682 SF
Property subtype
RETAIL
Additional Details
Traffic Count
42,000 vehicles/day
Listing Agency:
Katz & Associates | New York City
(516) 424-4855
Listed By:
John Heretakis
Source:
Moodyscre
Added: Jul 28
Changed: Jul 30
Last Checked: Jul 31 at 9:08AM
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 Katz & Associates | New York City
Investment Insights
Based on property information with market context.
Conventional restaurant offering a sale-leaseback structure with a freshly executed 15-year lease, providing long-term tenant commitment. The property size is 15,682 SF, and the operating tenant is Coastal City Pizza LLC, led by Wade Oney, who operates 100+ units across multiple restaurant concepts.
The location at 3412 Cleveland Ave in Fort Myers places the restaurant on the expanding US-41 corridor, where 1,000+ multifamily units are under development from Downtown Fort Myers to Edison Mall. The property also benefits from high traffic exposure of approximately 42,000 vehicles per day.
For buyers seeking a restaurant asset tied to an established operator and a long-duration lease, this offering combines a near-term operational footprint with corridor-level demand drivers currently underway along US-41.
The location at 3412 Cleveland Ave in Fort Myers places the restaurant on the expanding US-41 corridor, where 1,000+ multifamily units are under development from Downtown Fort Myers to Edison Mall. The property also benefits from high traffic exposure of approximately 42,000 vehicles per day.
For buyers seeking a restaurant asset tied to an established operator and a long-duration lease, this offering combines a near-term operational footprint with corridor-level demand drivers currently underway along US-41.
Key Highlights
- Sale‑leaseback with a freshly executed 15‑year lease
- Coastal City Pizza LLC operator led by Wade Oney; operates 100+ units
- 15,682 SF conventional restaurant property
Property Analytics
Current Use
Lease Details
42,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
2,292
Businesses Nearby
106k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 36%
Dining 33%
Shops & Services 28%
Hotels & Casinos 3%
Publix
Groceries
37,767 visits/mo
0.2 miles
RaceTrac
Shops & Services
25,274 visits/mo
0.5 miles
Ford's Garage
Dining
15,286 visits/mo
0.4 miles
Starbucks
Dining
7,994 visits/mo
0.3 miles
Joe's Crab Shack
Dining
5,618 visits/mo
0.1 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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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Sale-leaseback with a freshly executed fifteen-year lease and high daily traffic exposure along the US-41 corridor.
Where is this conventional restaurant located?
The property is located at 3412 Cleveland Ave Fort Myers, FL.
What is the asking price?
The asking price for this property is $709,818.
What are key features of this property?
This property features: Sale‑leaseback with a freshly executed 15‑year lease; Coastal City Pizza LLC operator led by Wade Oney; operates 100+ units; 15,682 SF conventional restaurant property
