13160 N Cleveland Avenue, North Fort Myers, FL 33903
sale
$1,200,000
|
Retail
Courtesy Of Commercial Realty Specialists
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
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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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Floors: 1.0
- Legal Description: PARL IN SE 1/4 AS DESC OR 1896 PG 1019
- MLSID: 223032736
- Roof Type: Unknown
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