Northshore Shopping Center

13860 N Cleveland Avenue | North Fort Myers, Florida 33903

Contact Brokers

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James Medefind
Senior Vice President Investments
James.Medefind@MarcusMillichap.com

(O) 813-387-4788
FL #SL3216834

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Jim Shiebler, CCIM, CEC

First Vice President Investments

Jim.Shiebler@MarcusMillichap.com

(O) 239.340.7811
FL #SL3347780

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James Garner, CCIM
First Vice President Investments​James.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659

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Kirk Olson
Senior Vice President Investments

Kirk.Olson@marcusmillichap.com

(O) (786) 522-7064
FL #SL3113669

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Drew Kristol
Senior Vice President Investments

Drew.Kristol@marcusmillichap.com

(O) (786) 522-7065
FL #SL3118648

Highlights

  • 35,110 square foot shopping center anchored by Harbor Freight and Pet Supermarket and shadow anchored by a high-volume Big Lots

  • Offering includes a free-standing Wendy’s outparcel with drive-thru

  • Attractively priced at $159 per square foot

  • Immediate upside through lease-up of two small-bay vacancies

  • Long-standing tenure at this location for Wendy’s (42 years) and Pet Supermarket (22 years), both have exercised multiple renewal options

  • High volume locations for Pet Supermarket based on store sales and Harbor Freight based on placer.ai foot traffic data

  • Long-term upside due to below market rents for Wendy’s, Pet Supermarket and a nail salon

  • Located on US Highway 41 with direct access to Pondella Road - combined traffic count of 57,000 vehicles per day

  • Just across the bridge from downtown Fort Myers

  • Population has grown by 18% in the past five years and there are several new developments in the immediate area