Description

Premier Commercial, Inc. is pleased to present the exclusive opportunity to acquire 16101 N. Cleveland Avenue, a ±5,741 SF single-tenant medical building 100% leased to DaVita Dialysis (NYSE: DVA), one of the world’s largest and most respected kidney care providers. Strategically positioned along US-41 in North Fort Myers, Florida, the property delivers stabilized, passive income backed by a Fortune 500 healthcare tenant operating in a mission-critical, recession-resistant industry. The property is secured by a Triple Net (NNN) lease running through November 30, 2030, providing long term, stable cashflow. Tenant responsibilities cover interior maintenance, HVAC, utilities, and non-structural elements, while landlord obligations are limited to the building shell and structural components. The roof was fully replaced in January 2017, significantly reducing near-term capital exposure and reinforcing the passive nature of ownership. 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.

Provided by Premier Commercial Inc