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Medical Office for Sale 12995 S Cleveland Ave 13,365 SF 95% Leased Retail Building Fort Myers, FL 33907 $3,500,000 ($261.88/SF)
Investment Highlights
- Prime Medical/Retail Corridor: Located on S. Cleveland Avenue, the most established retail and medical corridor in Fort Myers
- Significant Vacancy = Immediate Upside: Multiple vacant suites allow a buyer to control occupancy, tenant mix, and rental rates.
- Attractive In-Place vs. Market Spread: Current income well below market rents, offering substantial NOI growth through stabilization.
- Owner-User or Value-Add Opportunity: Two-story, medical-oriented building ideal for healthcare operators, professional users, or investors
- Strong Medical Demand: Surrounded by hospitals, outpatient centers, and specialty practices driving consistent tenant demand.
- Flexible Suite Configurations: Mix of first- and second-floor spaces suitable for medical, dental, imaging, therapy, and professional users.
Executive Summary
Kyle Matthews
License # License # CQ1066435, BK3554632 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Affordable Senior Home Care
- Health Care and Social Assistance
- -
- $5.30
- Triple Net
- Mar 2024
- Amity Nursing Care II Inc.
- Health Care and Social Assistance
- -
- $15.29
- Plus Utilities
- Apr 2026
- Elite Body Massage Therapy LLC
- Health Care and Social Assistance
- -
- $15.52
- Plus Utilities
- Jun 2026
- Erlange Alouisaint
- -
- -
- $20.00
- Full Service
- Apr 2023
-
- Arts, Entertainment, and Recreation
- -
- $9.41
- Triple Net
- Jul 2024
Welcome to Family Music Time of Ft. Myers, Cape Coral, and Estero. We’re proud to be the top spot for kids’ music classes in southwest Florida. After successfully completing the three-day Music Together® teacher training workshop in 2006, LouAnne Dunfee became a registered Music Together teacher for Family Music Time when it was owned by Carla Lindhorst. In May of 2007, LouAnne took over as Director of Family Music Time when Carla's husband was transferred to Minnesota. Since then, Family Music Time has grown to offer classes at mulitple locations in Fort Myers, Cape Coral and Estero. Our staff of wonderful teachers make music with over 250 families every session in our parent-child mixed-age and babies classes. Over the years, Family Music Time has had the privilege of sharing The Joy of Family Music® with over 5,000 families! We look forward to making music with you!
- Guns Galore of Fort Myers
- Retailer
- -
- $25.45
- Triple Net
- Apr 2024
- Olubunmi Law PLLC
- Professional, Scientific, and Technical Services
- -
- $8.00
- Triple Net
- Feb 2026
- San Luis Cuban Cafe
- Accommodation and Food Services
- -
- -
- -
- -
- Thomas R Busatta, Sr Llc
- Professional, Scientific, and Technical Services
- -
- $12.12
- Full Service
- Jul 2025
- Town Roofing LLC
- Services
- -
- $10.50
- Triple Net
- Oct 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Affordable Senior Home Care | Health Care and Social Assistance | - | $5.30 | Triple Net | Mar 2024 | |
| Amity Nursing Care II Inc. | Health Care and Social Assistance | - | $15.29 | Plus Utilities | Apr 2026 | |
| Elite Body Massage Therapy LLC | Health Care and Social Assistance | - | $15.52 | Plus Utilities | Jun 2026 | |
| Erlange Alouisaint | - | - | $20.00 | Full Service | Apr 2023 | |
|
|
Arts, Entertainment, and Recreation | - | $9.41 | Triple Net | Jul 2024 | |
| Guns Galore of Fort Myers | Retailer | - | $25.45 | Triple Net | Apr 2024 | |
| Olubunmi Law PLLC | Professional, Scientific, and Technical Services | - | $8.00 | Triple Net | Feb 2026 | |
| San Luis Cuban Cafe | Accommodation and Food Services | - | - | - | - | |
| Thomas R Busatta, Sr Llc | Professional, Scientific, and Technical Services | - | $12.12 | Full Service | Jul 2025 | |
| Town Roofing LLC | Services | - | $10.50 | Triple Net | Oct 2027 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
2nd floor inline space with 2 rooms with private restroom
2nd floor. Unit has windows facing Austin Street, 3 open offices combined. No elevator access. Open floorplan. There is only one entrance, and it’s at PBS47.
Interior unit on 2nd floor within the executive suites. No elevator access.
Interior unit on 2nd floor within executive suites. No elevator access.
| Space | Size | Space Use | Position | Available |
| PBS 34 | 518 SF | Retail | - | Now |
| PBS 47-49-51 | 774 SF | Retail | - | Now |
| PBS 50 | 191 SF | Retail | - | Now |
| PBS 54 | 185 SF | Retail | - | Now |
PBS 34
| Size |
| 518 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
PBS 47-49-51
| Size |
| 774 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
PBS 50
| Size |
| 191 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
PBS 54
| Size |
| 185 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
PBS 34
| Size | 518 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
2nd floor inline space with 2 rooms with private restroom
PBS 47-49-51
| Size | 774 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
2nd floor. Unit has windows facing Austin Street, 3 open offices combined. No elevator access. Open floorplan. There is only one entrance, and it’s at PBS47.
PBS 50
| Size | 191 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Interior unit on 2nd floor within the executive suites. No elevator access.
PBS 54
| Size | 185 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Interior unit on 2nd floor within executive suites. No elevator access.
Nearby Major Retailers
Property Taxes
| Parcel Number | 24-45-24-00-00005.002C | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $9,839,385 |
Property Taxes
Presented by
Medical Office for Sale | 12995 S Cleveland Ave
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