13160 N Cleveland Avenue
North Fort Myers,
FL
33903
Property Details
| List Price: |
$1,200,000 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
-- |
| Agency: |
Commercial Realty Specialists |
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Description/Comments
| Lot Size: |
-- |
| Property Type: |
Commercial |
| Year Built: |
1974 |
| Notes: |
G&A Restaurant Management, Inc., the Tenant, owns and operates nine KFC restaurants and a Famous Dave’s Bar-B-Que in the fast-growing state of Florida. The owner of G&A Restaurant Management Inc. has been operating KFCs since 1996, nearly 30 years. Most restaurants, like the KFC in North Fort Myers, are located in southwest Florida in well-established communities with a rapidly expanding population and strong economies. <br />
<br />
This KFC in North Fort Myers is well located on US 41, a major US north-south route with nearly 230,000 residents within a 15-minute drive and 52,000 employees within a 10-minute drive.<br />
<br />
Absolute NNN Lease - No Landlord Responsibilities<br />
Price: $2,8250,000 <br />
CAP: 4.25%<br />
NOI: $120,000<br />
Rent Escalation of 10% every 5 years<br />
10 year Lease with 5 Five-Year Options |
| MlsNumber: |
223032736 |
Estimate Your Monthly Payment
| Listing Provided By: |
Commercial Realty Specialists, original listing |
| Name: |
Commercial Realty Specialists |
| Phone: |
(239) 537-5299 |
| Office Name: |
Commercial Realty Specialists |
| Office Phone: |
(239) 537-5299 |
| Agent Name: |
Bruce Preble |
| Disclaimer: |
Copyright © 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
