Listing Courtesy of: Bruce Preble - Commercial Realty Specialists 239-537-5299
$1,200,000 affordable loan icon Calculate Payment

13160 N Cleveland Avenue North Fort Myers, FL 33903

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Retail Residence
Beds
Baths
1,780 Sq. Ft.
0.58 Acre Lot

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Last updated on 11/20/2024 3:32 AM
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 Continue reading
MLS#
223032736
Property Type
Retail
Year Built
1974
Square Feet
1,780 sq. ft
Lot Size
0.58
Sewer
Sewer Available, Holding Tank, Septic

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Listing Courtesy of: Bruce Preble - Commercial Realty Specialists 239-537-5299
Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75019

The source of the foregoing property information is a database compilation of an organization that is a member of the Southwest Florida Multiple Listing Service. Each Southwest Florida Multiple Listing Service member organization owns the copyright rights in its respective proprietary database compilation, and reserves all such rights. Copyright © 2024. The foregoing information including, but not limited to, any information about the size or area of lots, structures, or living space, such as room dimensions, square footage calculations, or acreage is believed to be accurate, but is not warranted or guaranteed. This information should be independently verified before any person enters into a transaction based upon it.
This content last refreshed on 11/20/2024 3:32 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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