Press Releases
Marcus & Millichap Exclusively Lists Gulf Coast Florida Multi-Tenant Retail Center for Sale
August 11, 2025
FORT MYERS, Fla., Aug. 11, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the exclusive listing for sale of Page Plaza, a 95,356-square-foot multi-tenant retail center with two freestanding outparcels in Fort Myers, Florida. The listing price is $23 million.
“Page Plaza is a 99%-occupied, high-visibility retail center located on an oversized 13-plus-acre parcel of land with a well-planned, multi-building layout that includes two outparcels ideal for national single-tenant retailers, drive-thru operators, or medical users,” said Scott Sandelin, senior managing director investments with the Sandelin Group of Marcus & Millichap in Miami. “The center’s diverse tenant mix of essential retailers caters to the local community and provides reliable cash flow, strong tenant performance, and national credit tenancy,” said Alejandro D’Alba of the Sandelin Group of Marcus & Millichap. Sandelin and D’Alba are representing the seller, a limited liability partnership.
Located on a hard corner, signalized intersection, the property has 600 linear feet of frontage along U.S. Highway 41/South Cleveland Avenue, West Florida’s primary north/south artery. Daily traffic counts in front of the center exceed 53,000 vehicles per day. A high traffic retail center anchored by BestBuy, Marshalls, and Trader Joe’s is directly across the street, and Interstate 75 is nearby.
Built in 1990 and renovated in 2024, Page Plaza’s anchor tenants include Dollar Tree, Goodwill, Advance Auto Parts, Archwell Health, The Florida Lottery, and Curious Cargo Home Decor.
“Page Plaza’s primary entrance is shared with adjacent retailer Sam’s Club, which keeps a steady flow of customers going in and out of this bustling center,” added Sandelin.
“Page Plaza is a 99%-occupied, high-visibility retail center located on an oversized 13-plus-acre parcel of land with a well-planned, multi-building layout that includes two outparcels ideal for national single-tenant retailers, drive-thru operators, or medical users,” said Scott Sandelin, senior managing director investments with the Sandelin Group of Marcus & Millichap in Miami. “The center’s diverse tenant mix of essential retailers caters to the local community and provides reliable cash flow, strong tenant performance, and national credit tenancy,” said Alejandro D’Alba of the Sandelin Group of Marcus & Millichap. Sandelin and D’Alba are representing the seller, a limited liability partnership.
Located on a hard corner, signalized intersection, the property has 600 linear feet of frontage along U.S. Highway 41/South Cleveland Avenue, West Florida’s primary north/south artery. Daily traffic counts in front of the center exceed 53,000 vehicles per day. A high traffic retail center anchored by BestBuy, Marshalls, and Trader Joe’s is directly across the street, and Interstate 75 is nearby.
Built in 1990 and renovated in 2024, Page Plaza’s anchor tenants include Dollar Tree, Goodwill, Advance Auto Parts, Archwell Health, The Florida Lottery, and Curious Cargo Home Decor.
“Page Plaza’s primary entrance is shared with adjacent retailer Sam’s Club, which keeps a steady flow of customers going in and out of this bustling center,” added Sandelin.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
