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Tamiami Plaza 16251 N Cleveland Ave 20,532 SF 94% Leased Retail Building North Fort Myers, FL 33903 $3,350,000 ($163.16/SF)
Investment Highlights
- Stabilized Multi-Tenant Asset with Diversified Income
- Flexible zoning approved for medical, office and retail
- Adjacent DaVita Dialysis building is also FOR SALE for $1,175,000
- Brand-new roof installed in December 2025 w/ 20-year NDL
- High-Traffic US-41 corridor location
Executive Summary
Premier Commercial is pleased to present the exclusive opportunity to acquire Tamiami Plaza, located at 16251 N. Cleveland Avenue in North Fort Myers, Florida. This multi-tenant commercial/medical building encompasses approximately 20,532 square feet and is occupied by nine (9) tenants. The property’s tenant mix is anchored by necessity-based healthcare and personal services businesses, delivering a diversified and stable income stream. The property is zoned C-1 (Neighborhood Commercial) and approved for a broad range of office, medical office, and retail uses, providing flexibility for future leasing without rezoning. Tenants benefit from direct US-41 frontage, a
fully signalized intersection, double curb cut access, available building signage, and on-site parking spaces. A full roof replacement completed in December 2025, backed by a 20-Year No Dollar Limit (NDL) Warranty, significantly reduces near-term capital expenditure risk for the incoming owner. Situated along North Cleveland Avenue / US-41 with traffic counts of approximately 27,000 vehicles per day, the property benefits from premier frontage in one of North Fort Myers’ busiest commercial corridors. The surrounding trade area features a strong mix of retail, service, and residential uses, supported by the greater Fort Myers MSA population of approximately 860,000 residents and continued regional healthcare expansion.
fully signalized intersection, double curb cut access, available building signage, and on-site parking spaces. A full roof replacement completed in December 2025, backed by a 20-Year No Dollar Limit (NDL) Warranty, significantly reduces near-term capital expenditure risk for the incoming owner. Situated along North Cleveland Avenue / US-41 with traffic counts of approximately 27,000 vehicles per day, the property benefits from premier frontage in one of North Fort Myers’ busiest commercial corridors. The surrounding trade area features a strong mix of retail, service, and residential uses, supported by the greater Fort Myers MSA population of approximately 860,000 residents and continued regional healthcare expansion.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
20,532 SF
Building Class
C
Year Built
1986
Price
$3,350,000
Price Per SF
$163.16
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.10
Lot Size
4.79 AC
Zoning
C-1 - Commercial
Parking
120 Spaces (5.84 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Beautiful Life Senior Club
- Health Care and Social Assistance
- -
- $15.75
- Triple Net
- -
- Crystal Hearing Solutions
- Health Care and Social Assistance
- -
- -
- -
- -
-
- Health Care and Social Assistance
- -
- -
- -
- -
FYZICAL Therapy & Balance Centers is a privately held physical therapy franchise headquartered in Sarasota, Florida. Founded in 2012, the company provides comprehensive rehabilitation services with a focus on balance therapy, vestibular rehabilitation, and fall prevention. Its proprietary Balance Paradigm program addresses dizziness and fall risk, while clinics also offer orthopedic rehabilitation, pelvic health, audiology, and medically based fitness programs. The organization began franchising in 2013 and has grown rapidly due to increasing demand for outpatient therapy services. FYZICAL is backed by private equity firm New Harbor Capital and continues to expand through both franchise and corporate-owned clinics.
- North Pointe Dental Center
- Health Care and Social Assistance
- -
- -
- -
- -
- Safe Haven Security Services
- Retailer
- -
- -
- -
- -
- Sunset Smile Pediatric Care, LLC
- -
- -
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Beautiful Life Senior Club | Health Care and Social Assistance | - | $15.75 | Triple Net | - | |
| Crystal Hearing Solutions | Health Care and Social Assistance | - | - | - | - | |
|
|
Health Care and Social Assistance | - | - | - | - | |
| North Pointe Dental Center | Health Care and Social Assistance | - | - | - | - | |
| Safe Haven Security Services | Retailer | - | - | - | - | |
| Sunset Smile Pediatric Care, LLC | - | - | - | Triple Net | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 6
- 1,221 SF
- Office/Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 6 | 1,221 SF | Office/Retail | - | Now |
6
| Size |
| 1,221 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 5
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Tamiami Plaza | 16251 N Cleveland Ave
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