13160 N Cleveland North Fort Myers, FL 33903
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 25,173 ft2/2,338.65 m2
- Price Per: $47.67 ft2/$513.12 m2
- Type: Commercial/Investment
- Built: 1974
- HOA: No info
- MLS Number: 223032736
- View No info
- On Site: 606 days
- Updated: Listing Refreshed: 271 Days Ago
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
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 03/27/2024 | Price Reduced | $1,200,000.00 | 57.5% | $47.67 ft2/$513.12 m2 |
| 04/28/2023 | Listed | $2,825,000.00 | $112.22 ft2/$1,207.96 m2 |
Contact Information
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