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Sale/Leaseback on US 41

3630 Cleveland Ave & 1941 Hill Ave, Fort Myers, FL 33901

This property has been sold!

Property Type:
4,448± SF
Asking Price:

Property Resources

Property Highlights

  • Price includes 4,448± SF building and 2 intermodal storage units on 0.71± acres, and a 0.32± acre residential zoned lot
  • Large pylon sign
  • 600 AMP Electrical
  • Standing seam metal roof
  • Highly visible at the signalized intersection of Cleveland Avenue ( US 41) and Hill Avenue
  • Curb cuts on US 41 and Hill Avenue
  • 0.32± Acre lot at 1941 Hill Avenue available separately for $200,000
  • 3± minutes north of Colonial Boulevard
  • 428 new apartment units and 9,000± SF of new office/retail within 3 minutes from property are currently in permitting

This is a Sale/Leaseback, the tenant is a bicycle business established in 1996.

Year one base rent is $13.00 PSF, OpEx not to exceed $4.00 PSF, and an initial 5-year term with a 5-year renewal option for long-term stability. Prime US 41 frontage provides high visibility along Cleveland Avenue (US 41), one of Fort Myers’ major thoroughfares. The sale includes the 4,448± SF building with 2 intermodal storage units on a 0.71± acre corner, and a contiguous 0.32± acre lot zoned RM-16 which offers potential for expansion, development or resale.


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stan stouder, CCIM

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