Cleveland Avenue MOB
37,960± Sq. Ft. Medical Office Building In The Heart of Fort Myers, FL
Marketing description
LSI Companies is pleased to present 2531 Cleveland Avenue, a 37,960± square foot facility that is move-in ready for a medical office user or easily adaptable for professional office and higher education purposes.
Formerly home to Orthopedic Specialists of SW Florida for over 20 years, this well-maintained two-story Medical Office Building (MOB) offers a rare opportunity for an owner-user to establish a presence in the highly sought-after Fort Myers sub-market or for an investor to capitalize on its potential as a multi-tenant, income producing asset.
Centrally located in the heart of Fort Myers, the property boasts 450 linear feet of frontage on highly trafficked Cleveland Avenue (AADT: 41,500) and is within immediate proximity to Lee Health Memorial Hospital and less than a mile from Downtown Fort Myers.
This versatile Class B MOB can support a variety of practices, with the potential to easily be demised to accommodate up to three tenants. Built in 1981, the building has undergone multiple renovations and features nearly 50 exam rooms and 30 private offices, as well as several open office/storage areas, meeting rooms, conference spaces, and reception areas. Additionally, the offering includes a detached single-story building offering extra office and/or storage capacity.
LOCATION HIGHLIGHTS:
• 0.2± miles to Lee Memorial Hospital
• 0.7± miles to Dr MLK Jr. Blvd. (SR-82)
• 1± mile to Downtown Fort Myers
• 2.1± miles to North Fort Myers
• 2.3± miles to Colonial Boulevard
• 3.2± miles to Page Field Commons
• 3.5± miles to Page Field Airport
• 4.9± miles to I-75
• 5.2± miles to Cape Coral
• 15.5± miles to Southwest FL Int’l Airport (RSW)
Investment highlights
• Two-story, 37,960± Sq. Ft. Class B Medical Office building located within immediate proximity to Lee Health Memorial Hospital.
• Ideal for an owner-user or an investor seeking to demise the property as a multi-tenant, income-producing asset.
• One of the last remaining medical office buildings available in this size range in the Fort Myers submarket.
• Prime location with 450 linear feet of frontage on Cleveland Avenue (US-41) and less than 1 mile from downtown Fort Myers.
• The property is being sold well below replacement value.
• The buildings sit on 2.79± acres and include 216 surface level parking spaces.
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