Amy Gonzalez Acquires Retail Property From Richard Moss In Fort Myers For $4.38M
SOLD
Florida
See Similar DealsRetail3,010 SF
Sold 12/19/2025
SOLD
Amy Gonzalez Acquires Retail Property From Richard Moss In Fort Myers For $4.38M
2977 Cleveland Avenue
See Similar DealsRetail3,010 SF
Sold 12/19/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$1,455
Total Square Footage:3,010 SF
Transaction Type:Sale
The retail asset located at 2977 Cleveland Avenue in Fort Myers has a sale price of $4,379,618. This property encompasses a total square footage of 3,010, translating to a price per square foot of $1,455.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,379,618
- Square Feet: 3,010
- Price Per Square Foot: $1,455
- Buyer: Amy Gonzalez
- Seller: Richard Moss
- Brokers: Jonathan De La Rosa & Eduardo Toledo - Marcus & Millichap
- Transaction Date: 12/19/2025
- Market: Fort Myers
Jonathan De La Rosa and Eduardo Toledo represented Marcus & Millichap in the transaction, facilitating the deal between the buyer and seller. Their involvement highlights the brokerage's role in the retail real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$233,579.62
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,559.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,761.62
Annual Debt Service$249,139.48
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