Retail – 22,038 RSF in Fort Myers, FL – Newly Renovated Shopping Center

Category: Retail

Price:$5,700,000

Location: Fort Myers, FL

Year Built: 1973

Days on Market: 54

Description:

Fully renovated neighborhood shopping center located on a prime corner in Fort Myers across from Edison Mall. The property includes 3 standalone multi-tenant buildings totaling 22,038 RSF on a 2.1-acre lot. Currently 100% occupied by 13 tenants on NNN leases, generating an NOI of approximately $477,038. Recent capital improvements of $1.1M include new roof, HVAC systems, parking lot, landscaping, lighting, and more. Below-market lease rates offer strong upside potential in one of Fort Myers’ most active commercial corridors.

Fully leased Fort Myers retail center with 13 tenants, $477K+ NOI, $1.1M in upgrades & strong upside. Across from Edison Mall on high-traffic corner.

Listing Code: 1089810494