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Merchants Crossing Shopping Center 15201 N Cleveland Ave 833 - 19,107 SF of Retail Space Available in North Fort Myers, FL 33903
HIGHLIGHTS
- Located at the intersection of Pine Island Road and US 41 (N. Cleveland Avenue) for easy access to North East quadrant of Cape Coral
- Availability: From 833 SF to 16,000 SF
- Traffic: 39,500 AADT on Pine Island Road and 30,500 AADT on US 41
- New to market: 16,000 SF anchor box
- Anchor tenants: Home Centric, AMC Theatres, Dollar General and Planet Fitness
- New 280 units residential development adjacent to shopping center
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 300 | 2,274 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $56,850 /YR $4,738 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 400 | 16,000 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $288,000 /YR $24,000 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 955 | 833 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $23,324 /YR $1,944 /MO | Triple Net (NNN) |
15201 N Cleveland Ave - 1st Floor - Ste 300
Great location: Unit next to Bealls / Home Centric
- Lease rate does not include utilities, property expenses or building services
- Unit next to Bealls / Home Centric
15201 N Cleveland Ave - 1st Floor - Ste 400
Anchor Box
- Lease rate does not include utilities, property expenses or building services
15201 N Cleveland Ave - 1st Floor - Ste 955
Merchants Crossing shopping center is located at the prime intersection of N. Cleveland Avenue and Pine Island Road in North Fort Myers, FL (Lee County). Anchored tenants include AMC Theaters, Dollar General, Home Centric, Applebee's, Planet fitness.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT MERCHANTS CROSSING SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- AMC
- Cinema
- 681
- International
- AMC Classic
- -
- -
- -
- Coldstone Creamery
- Ice Cream
- 585
- International
- Edible Arrangements
- Card/Gifts
- 957
- International
- Kava Culture
- -
- -
- -
- Subway
- Sub Sandwich
- 28,950
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| AMC | Cinema | 681 | International |
| AMC Classic | - | - | - |
| Coldstone Creamery | Ice Cream | 585 | International |
| Edible Arrangements | Card/Gifts | 957 | International |
| Kava Culture | - | - | - |
| Subway | Sub Sandwich | 28,950 | International |
PROPERTY FACTS
| Total Space Available | 19,107 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 573,002 SF |
| Parking | 1888 Spaces | Total Land Area | 111.24 AC |
| Stores | 28 | Year Built | 1993 |
| Center Properties | 10 |
| Total Space Available | 19,107 SF |
| Center Type | Community Center |
| Parking | 1888 Spaces |
| Stores | 28 |
| Center Properties | 10 |
| Frontage | |
| Gross Leasable Area | 573,002 SF |
| Total Land Area | 111.24 AC |
| Year Built | 1993 |
ABOUT THE PROPERTY
Merchants Crossing is located at the prime intersection of Pine Island Road and US 41 in North Fort Myers, in the Cape Coral Trade Area. The shopping center is situated across from Walmart Super Center, adjacent to Home Depot, Beall's Department Store. Anchor tenants include: Home Centric, AMC Theatres (16 screens), Dollar General and Planet Fitness. New residential development adjacent to the shopping center completed: 280 units in 4 buildings with private clubhouse, pool cabana, dog park and other recreation areas completed and available for lease. The population of Ft. Myers, FL is projected to increase by 82.5% by 2040 according to American City Business Journal.
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Merchants Crossing Shopping Center | 15201 N Cleveland Ave
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