TotalCommercial.com
Improved Property

Sale/Leaseback on US 41 | 7.1% CAP Rate

3630 Cleveland Avenue, Fort Myers, Florida 33901

Sold: $815,000
$183.23 / SF
Updated Sep 30, 2026
Categories Retail NNN Leased

About this property

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.

Property details

Property Type
Improved property
Building Type
Freestanding
Building Size
4,448 sqft
Land Size
1.03 acres
Zoning
CI
Year Built
1965

Documents 1 file

FLYER_3630-Cleveland-Ave-1941-Hill-Ave_6-22-23.pdf 4.4 MB

Last updated: Sep 30, 2026

Location

Address
3630 Cleveland Avenue
Fort Myers, Florida 33901
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.