15201 N Cleveland Ave

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15201 N Cleveland Ave

fort-myers, FL 33903
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

15201 North Cleveland Avenue is situated along a high-traffic commercial corridor in North Fort Myers, Florida. The property benefits from significant frontage on U.S. Route 41, a primary north-south artery connecting the local area to downtown Fort Myers and Cape Coral. The surrounding neighborhood is characterized by a mix of established shopping centers, automotive services, and residential communities. Nearby amenities include national big-box retailers, grocery stores, and diverse dining options. The location is easily accessible via multiple signalized intersections, providing efficient logistical connections to the broader Lee County transportation network. The property is suited for general retail use, such as specialty showrooms, discount variety stores, or service-oriented businesses. Its physical footprint and high visibility cater to tenants requiring prominent signage and consistent daily vehicle counts to drive consumer foot traffic. Typical tenant profiles for this asset class include regional franchises, hardware suppliers, and consumer cell phone or insurance providers. The site is also appropriate for professional services that benefit from a retail-style storefront, including medical clinics or financial branch offices seeking to serve the dense suburban population within a five-mile radius.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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