12499 S Cleveland Ave - Fast Food FOR SALE


Fort Myers, FL 33907- Page Park
$3,400,000 USD
513-325-8682
12499 S Cleveland Ave, Fort Myers, FL for Sale
$3,400,000 USD
Fast Food - FOR SALE
1/6
null | 6% Cap Rate

12499 S Cleveland Ave
Fort Myers, FL 33907
Page Park


HIGHLIGHTS

  • 2015 Build to Suit for PDQ | 4,295-SF Building on Large +/-1.31 Acre Parcel | 4+ Years Remaining on Absolute Net Lease | No Landlord Responsibilities
  • 5% Rental Increases in Each of Eight, 5-Year Renewal Options | Corporately Guaranteed Lease
  • Property Features a Lit Pylon Sign, Drive Thru, Expanded Dining Room Seating and a Large, Lighted Parking Lot With 55 Spaces | Three Points of Ingress
  • High Visibility Along S Cleveland Ave/S Tamiami Trl With a Dedicated Turn Lane From Both Traffic Directions, Seeing a 53,000 Vehicles Per Day
  • Located in a Dense Office, Residential and Retail Corridor Along US-41, a Main Traffic Thoroughfare into Downtown Fort Myers
  • Proximity to Multiple National Tenants Including Walgreens, 7-Eleven, Wells Fargo, McDonald’s, Double Tree, Homewood Suites, Dave & Busters, and More

OVERVIEW

PDQ Chicken | Absolute NNN | Dense Office/Retail Corridor

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$728 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PDQ

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

57,064 SF

ZONING

C-2

APN/PARCEL ID

13-45-24-01-00002.0200

ASK ABOUT THIS PROPERTY

Darpan PatelMarcus & MillichapMore Info
513-325-8682

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Darpan PatelMarcus & MillichapMore Info
513-325-8682

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