12148 S Cleveland Ave - Restaurant FOR SALE


Fort Myers, FL 33907- Page Park
$4,100,000 USD
786-262-8548
12148 S Cleveland Ave, Fort Myers, FL for Sale
$4,100,000 USD
Restaurant - FOR SALE
1/17
null | 7.93% Cap Rate

12148 S Cleveland Ave
Fort Myers, FL 33907
Page Park


OVERVIEW

100% absolute triple net (NNN) lease. Highly improved, tenant-specific buildout makes it extremely costly for tenant to relocate at end of lease. High-traffic hard corner situated in a bustling commercial corridor. Large parking field striped for 123 parking. stalls parking ratio of 13.6 / 1,000 SF. Investors will be able to take advantage of Florida's state income tax

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$396 USD /SF

CAP RATE

7.93%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

127

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

C-1

APN/PARCEL ID

14-45-24-00-00003.0100

ASK ABOUT THIS PROPERTY

Sergio ViaggioRESMA, LLCMore Info
786-262-8548

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Sergio ViaggioRESMA, LLCMore Info
786-262-8548

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.