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2467-2469 Edison Ave 6,200 SF 50% Leased Retail Building Fort Myers, FL 33901 $1,200,000 ($193.55/SF) 3.80% Cap Rate
Investment Highlights
- Value-add investment opportunity in the rapidly growing Midtown Fort Myers district
- Convenience store tenant in place at front unit — immediate income from day one
- Less than one mile from Downtown Fort Myers in a high-traffic corridor
- 6,200 SF multi-tenant commercial building | 2 versatile units
- Back unit vacant with existing hood and ready for lease-up, creating upside for the next owner
- New roof installed Q4 2024 | Parking lot resealed and striped July 2026
Executive Summary
Rare value-add opportunity less than one mile from Downtown Fort Myers in the rapidly growing Midtown district. This 6,228 SF multi-tenant commercial building sits on a high-traffic corridor and offers a compelling blend of in-place income and significant upside potential.
The front unit (~3,200 SF) is occupied by an established grocery tenant on a NNN lease with built-in rent escalations, providing day-one cash flow with minimal landlord obligations. The back unit is vacant and ready for an owner-user or investor to capitalize on — featuring a roll-up door, 1,000 SF walk-in cooler/freezer, and a 10-foot hood already in place. The back unit is ideally configured for a food, beverage, distribution, or specialty retail operator looking for a turnkey buildout advantage in a supply-constrained submarket.
Recent capital improvements include a new roof (Q4 2024) and a freshly resealed and restripped parking lot (July 2026), reducing near-term capex exposure for a new owner.
Ideal for the value-add investor seeking stabilized income with lease-up upside, or the owner-user looking to occupy the back unit while the front unit services the debt.
The front unit (~3,200 SF) is occupied by an established grocery tenant on a NNN lease with built-in rent escalations, providing day-one cash flow with minimal landlord obligations. The back unit is vacant and ready for an owner-user or investor to capitalize on — featuring a roll-up door, 1,000 SF walk-in cooler/freezer, and a 10-foot hood already in place. The back unit is ideally configured for a food, beverage, distribution, or specialty retail operator looking for a turnkey buildout advantage in a supply-constrained submarket.
Recent capital improvements include a new roof (Q4 2024) and a freshly resealed and restripped parking lot (July 2026), reducing near-term capex exposure for a new owner.
Ideal for the value-add investor seeking stabilized income with lease-up upside, or the owner-user looking to occupy the back unit while the front unit services the debt.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
6,200 SF
Building Class
C
Year Built/Renovated
1960/2024
Price
$1,200,000
Price Per SF
$193.55
Cap Rate
3.80%
NOI
$45,600
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.36
Lot Size
0.39 AC
Zoning
CI - CI- Commercial Intensive Zoning in Downtown Fort Myers
Parking
16 Spaces (2.58 Spaces per 1,000 SF Leased)
Frontage
100’ on Edison
Amenities
- Signage
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Scotts Wespack Meats
- Retailer
- 3,200 SF
- -
- Triple Net
- Oct 2028
Local grocery specializing in meats based in Fort Myers, FL founded in 2004.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Scotts Wespack Meats | Retailer | 3,200 SF | - | Triple Net | Oct 2028 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 24-44-24-P2-01810.0090 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $619,295 |
Property Taxes
Parcel Number
24-44-24-P2-01810.0090
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$619,295
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