Overview

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  • Status: Active
  • Parking No info
  • Size: No info
  • Price Per: No info/No info
  • Type: Commercial/Investment
  • Built: 1974
  • HOA: No info
  • MLS Number: 223032736
  • View No info
  • On Site: 606 days
  • Updated: 271 Days Ago
  • Page Views: 2

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. 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. Absolute NNN Lease - No Landlord Responsibilities Price: $2,8250,000 CAP: 4.25% NOI: $120,000 Rent Escalation of 10% every 5 years 10 year Lease with 5 Five-Year Options

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Price History

DateEventPriceChange RatePrice Per
03/27/2024Price Reduced$1,200,000.0057.5%$47.67 ft2/$513.12 m2
04/28/2023Listed$2,825,000.00$112.22 ft2/$1,207.96 m2

Features

Property Details for 13160 N Cleveland, North Fort Myers, FL 33903

Commercial/Investment current status is Active, 13160 N Cleveland is a Commercial/Investment in , North Fort Myers, FL 33903 with property MLS ID# 223032736. This Commercial/Investment has been listed on Best of Luxury Realty since April 29, 2023 and is currently priced at 1,200,000. This property was built in 1974.
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Area Specialist

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Luis Venegas
Luis Venegas
Real Estate Advisor
Office: (239) 690-6170
Specialties:
Luxury Communities, Waterfront Single Family Homes
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This property is courtesy of the Commercial Realty Specialists. This listing has been viewed 2 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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