3251 Colonial Blvd - Fast Food FOR SALE


Fort Myers, FL 33966
$1,715,869 USD
650-333-5092
3251 Colonial Blvd, Fort Myers, FL for Sale
$1,715,869 USD
Fast Food - FOR SALE
1/11
null | 5.35% Cap Rate

3251 Colonial Blvd
Fort Myers, FL 33966


HIGHLIGHTS

  • Operated by Dairy Queen’s Largest Franchisee
  • Ownership group controls 250+ locations across 17 states, demonstrating exceptional operational strength and brand commitment.
  • Long-Term Net Lease – 20-year original term with approximately 11.4 yrs remaining, plus (3) 5-year renewal options providing long-term income security
  • Attractive Rent Growth – 8% rental increases every five years, continuing throughout the option periods, offering built-in inflation protection
  • Prime Hospitality Corridor Location – Strategically positioned among hotels, benefiting from strong ADT, high visibility,& consistent consumer demand
  • Located directly across from the proposed Costco relocation site, positioned to benefit from increased traffic

OVERVIEW

This offering presents a rare opportunity to acquire a long-term, net-leased asset occupied by Dairy Queen and operated by the brand’s largest franchisee, whose ownership group controls more than 250 locations across 17 states. The scale, experience, and financial strength of this operator underscore exceptional operational stability and long-term commitment to the site. The property is secured by a long-term absolute net lease with approximately 11.4 years remaining on the original 20-year term, plus three (3) five-year renewal options, providing investors with durable, predictable cash flow. Built-in rent escalations of 8% every five years — continuing through the option periods — offer attractive organic growth and a strong hedge against inflation. Strategically located within a prime hospitality corridor, the site benefits from high daily traffic, excellent visibility, and consistent consumer demand driven by surrounding hotels and commercial activity. Additionally, the property sits directly across from the proposed Costco relocation site, positioning it to capture significant future traffic increases and area growth. Backed by one of the most recognizable quick-service restaurant brands in the country, Dairy Queen’s recession-resistant business model and loyal customer base further enhance the long-term stability of this investment. This asset combines institutional-quality tenancy, strong real estate fundamentals, and favorable lease economics — making it ideal for passive investors seeking dependable income and appreciation potential.

FOR SALE DETAILS

PRICE

$1,715,869 USD

PRICE/SF

$480 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,670 SF

ZONING

IL

APN/PARCEL ID

31-44-25-P3-00001.0010

ASK ABOUT THIS PROPERTY

Suheil SahouriaThe Trafton GroupMore Info
650-333-5092

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Suheil SahouriaThe Trafton GroupMore Info
650-333-5092

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