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Restaurant with Long-Term Lease
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3412 Cleveland Avenue, Fort Myers, FL 33901

Restaurant property supported by an established operator and sustained traffic along a growing Fort Myers commercial corridor.

Space Size1,220 SF
Days on Market105

Property Features for 3412 Cleveland Avenue

General Information

Standard status Active
Size 1,220 SF
Property subtype RETAIL

Additional Details

Traffic Count 42,000 vehicles/day

Spaces For Lease

at 3412 Cleveland Avenue Contact us

3412 Cleveland Avenue

Floor
Bldg
Size
1,220 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- New 15-Year Lease: Sale-leaseback structure with a freshly executed 15-year lease,...
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Listing Agency: Katz & Associates | New York City
Listed By: John Heretakis
Source: Moodyscre
Added: May 19 Changed: Aug 30 Last Checked: Aug 30 at 1:29PM

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.

This 1,220-square-foot conventional restaurant property is subject to a newly executed 15-year lease through a sale-leaseback structure. The lease provides a defined long-term occupancy arrangement, while the operating business is led by Wade Oney, whose restaurant platform includes more than 100 units across multiple concepts.

Positioned at 3412 Cleveland Avenue in Fort Myers, the property benefits from exposure to approximately 42,000 vehicles per day. The surrounding US-41 corridor is experiencing continued expansion, with more than 1,000 multifamily units under development between Downtown Fort Myers and Edison Mall. The combination of an established restaurant operator, extended lease term, and active corridor growth defines the property’s current commercial profile.

Key Highlights

  • Newly executed 15‑year lease under a sale‑leaseback structure
  • 1,220 square feet of conventional restaurant space
  • Operator Wade Oney operates 100+ units across multiple restaurant concepts

Property Analytics

Current Use

Papa John's Pizza Restaurant

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Tanning Salon Acupuncture Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

42,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,046
Businesses Nearby
101k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 36% Groceries 7% Apparel 3%
McDonald's Dining
23,420 visits/mo 0.5 miles
dd's DISCOUNTS Shops & Services
18,577 visits/mo 0.3 miles
Circle K Shops & Services
7,563 visits/mo 0.4 miles
Save-A-Lot Groceries
7,224 visits/mo 0.3 miles
Taco Bell Dining
6,544 visits/mo 0.2 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property supported by an established operator and sustained traffic along a growing Fort Myers commercial corridor.
Where is this conventional restaurant located?
The property is located at 3412 Cleveland Avenue Fort Myers, FL.
What are key features of this property?
This property features: Newly executed 15‑year lease under a sale‑leaseback structure; 1,220 square feet of conventional restaurant space; Operator Wade Oney operates 100+ units across multiple restaurant concepts
(516) 424-4855 Call to check price and availability
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