9430 Daniels Pky - Fast Food FOR SALE


Fort Myers, FL 33912
$2,993,374 USD
727-452-6864
9430 Daniels Pky, Fort Myers, FL for Sale
$2,993,374 USD
Fast Food - FOR SALE
1/7
null | 5.75% Cap Rate

9430 Daniels Pky
Fort Myers, FL 33912


HIGHLIGHTS

  • Absolute NNN Taco Bell - strong national tenant
  • Located just 0.2 miles from I-275 on Daniels Parkway (62,000 AADT) one of the most travelled roadways in the country (125,171 AADT)
  • 20 year operating history located in one of the fastest growing regions in the country over the last decade
  • Absolute NNN lease structure means the tenant is responsible for all expenses, including HVAC and roof repairs & maintenance
  • Exercised 5-year option with increase in 2025 further illustrating the strength of the location 
  • 5.5 years of term remaining with two (2) additional 5-year options to extend

OVERVIEW

RIPCO Real Estate is pleased to offer for sale 9430 Daniels Parkway is a 1,974 SF Taco Bell located on the south side of Daniels Parkway in Fort Myers, FL. The property is currently leased to Taco Bell on an Absolute NNN lease. The lease is with Coastal QSR, LLC, a wholly owned subsidiary of one of the largest Taco Bell franchise groups (Prometheus Partners) in the United States with 190 Taco Bell and 50 IHOP locations. The lease includes two (2) 5-year options with 8% rental increases at the beginning of each option period. This stretch of Daniels Parkway where the property is located has an AADT of 62,000. Within 3 miles of 9430 Daniels Parkway, there is a population of 29,749 and within 1 mile there is an average household income of $232,496. The asset would be an attractive investment opportunity for investors looking for no landlord responsibilities, a strong national tenant, in one of the most affluent areas of southwest Florida and located on a primary retail thoroughfare just 0.2 miles from I-75, one of the largest interstates in the country which connects southeast Florida to Michigan.

FOR SALE DETAILS

PRICE

$2,993,374 USD

PRICE/SF

$1,516 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

CG

APN/PARCEL ID

22-45-25-04-00000.0020

ASK ABOUT THIS PROPERTY

Ari RaviRipco Real EstateMore Info
727-452-6864

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Ari RaviRipco Real EstateMore Info
727-452-6864

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