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$5,500,000
226012610 MLS
100% Leased NNN Retail Center – Fort Myers, FL $5,500,000 | ~9.7% Cap Rate | Stabilized NOI. Renovated, turn-key multi-tenant shopping center offering immediate cash flow and built-in upside. 22,170 SF on 2.1 acres (CI zoning) at signalized corner of Cleveland Ave & Colonial Blvd — directly across from Edison Mall. 100% occupied by 13 NNN tenants (diversified: restaurants, salons, retail, services) — zero vacancy exposure. Long-term leases with annual escalations + below-market rents = strong NOI growth potential. Surrounded by nationals (Wawa, Starbucks, Hooters, Best Buy) in high-traffic SWFL corridor. Triple-net structure = tenants handle taxes/insurance/maintenance - true passive income play. Perfect for 1031 buyers or capital seeking high-yield Florida retail.Cleveland Avenue Redevelopment Area :The property is located in the heart of the City of Fort Myers’ Cleveland Avenue Redevelopment Area, an active Community Redevelopment Agency (CRA) district spanning 614 acres along the US-41 corridor. Under the adopted 2025 Redevelopment Plan, the CRA is investing millions in streetscape improvements, placemaking, and infrastructure upgrades while offering property owners powerful incentives including up to 75% matching grants for façades, parking lots, lighting, landscaping, and signage, plus TIF funding, stormwater credits, and tax benefits. This ongoing public-private investment directly enhances visibility, tenant demand, and long-term property values along this high-traffic gateway — providing built-in upside and future capital-expenditure support for stabilized assets like Regency Square Retail Center.

4434-4458 Cleveland Ave, Fort Myers

$2,800,000
226002688 MLS
Positioned along one of Fort Myers’ most heavily traveled commercial corridors, 3671 Fowler Street offers a rare opportunity to acquire a strategically located commercial asset in the heart of a rapidly growing market. With a brand new 4,800 SF building, and an existing 1,000 SF office, this site allows, per the DO, the construction of a 3rd 4,350 SF building on the same site. C1 Zoning provides flexibility for a growing business or community services. This property benefits from exceptional visibility and access, just minutes from I-75, Downtown Fort Myers, and major employment hubs. Fowler Street continues to see strong demand from industrial, service, flex, and owner-user tenants, driven by population growth, logistics expansion, and limited infill supply. The site presents stable existing utility with clear upside potential, whether through lease-up, rent growth, operational efficiencies, or future repositioning. Investors will appreciate the flexibility of the zoning, the strength of the surrounding commercial ecosystem, and the long-term fundamentals supporting Fort Myers’ industrial and commercial sectors. With continued in-migration, infrastructure investment, and rising replacement costs, 3671 Fowler Street represents a compelling opportunity for investors seeking durable income today with growth tomorrow — in one of Southwest Florida’s most resilient and in-demand submarkets.

3671 Fowler St, Fort Myers