3412 S Cleveland Ave - Fast Food FOR SALE


Fort Myers, FL 33901- Broadway Circle
$709,818 USD
201-731-8463
3412 S Cleveland Ave, Fort Myers, FL for Sale
$709,818 USD
Fast Food - FOR SALE
1/3
null | 5.5% Cap Rate

3412 S Cleveland Ave
Fort Myers, FL 33901
Broadway Circle


HIGHLIGHTS

  • New 15-Year Lease: Sale-leaseback structure with a freshly executed 15-year lease, demonstrating long-term tenant commitment
  • Experienced Operator: Coastal City Pizza LLC is led by Wade Oney, who operates 100+ units across multiple restaurant concepts
  • Strong Market Growth: US-41 corridor continues to expand, with 1,000+ multifamily units under development from Downtown Fort Myers to Edison Mall

OVERVIEW

• New 15-Year Lease: Sale-leaseback structure with a freshly executed 15-year lease, demonstrating long-term tenant commitment • Experienced Operator: Coastal City Pizza LLC is led by Wade Oney, who operates 100+ units across multiple restaurant concepts • Strong Market Growth: US-41 corridor continues to expand, with 1,000+ multifamily units under development from Downtown Fort Myers to Edison Mall • High Traffic Exposure: Approximately 42,000 vehicles per day

FOR SALE DETAILS

PRICE

$709,818 USD

PRICE/SF

$582 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

C1

APN/PARCEL ID

26-44-24-P3-01501.0090

ASK ABOUT THIS PROPERTY

John HeretakisKatz & AssociatesMore Info
201-731-8463

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John HeretakisKatz & AssociatesMore Info
201-731-8463

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