PineBrook Park | Medical Office
Value-Add Medical Office Building
Marketing description
Matthews™ is pleased to present the exclusive offering of 12995 S. Cleveland Avenue,
a 13,365-square-foot, two-story medical and professional office building offering
a compelling owner-user or value-add opportunity in the heart of Fort Myers. The
property features a mix of occupied and vacant suites, including established tenants
such as Radiology Science Institute and Town Roofing. This significant vacancy provides
immediate upside through lease-up and the ability to curate tenant mix, rental rates, and
long-term positioning. Flexible suite configurations across both floors accommodate a
variety of medical and professional uses, including imaging, dental, therapy, and general
office users.
Strategically positioned along S. Cleveland Avenue (US-41), Fort Myers’ most established
retail and medical corridor, the property benefits from exceptional visibility, strong traffic
counts, and direct proximity to Bell Tower Shops, Lee Health facilities, regional hospitals,
and dense residential neighborhoods. The surrounding concentration of healthcare
providers and professional offices continues to drive consistent tenant demand, making
this one of the most stable and sought-after commercial nodes in Southwest Florida. With
below-market in-place rents and strong medical demand fundamentals, the asset presents
a clear opportunity to reposition and stabilize within a high-barrier-to-entry location.
Investment highlights
Prime Medical/Retail Corridor – Located on S. Cleveland Avenue, the most established retail and medical corridor in Fort Myers, directly adjacent to Bell Tower Shops, Lee Health facilities, and major professional offices.
Owner-User or Value-Add Opportunity – Two-story, medical-oriented building ideal for healthcare operators, professional users, or investors seeking lease-up upside.
Significant Vacancy = Immediate Upside – Multiple vacant suites allow a buyer to control occupancy, tenant mix, and rental rates.
Strong Medical Demand – Surrounded by hospitals, outpatient centers, and specialty practices driving consistent tenant demand.
Attractive In-Place vs. Market Spread – Current income well below market rents, offering substantial NOI growth through stabilization.
Flexible Suite Configurations – Mix of first- and second-floor spaces suitable for medical, dental, imaging, therapy, and professional users.
High Visibility & Accessibility – Excellent frontage, strong traffic counts, and convenient access to US-41, downtown Fort Myers, and surrounding residential areas.
Institutional Location – Positioned in one of Fort Myers’ most sought-after commercial nodes, benefiting from long-term market stability.
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