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13160 N Cleveland Avenue
North Fort Myers FL 33903 US

$1,200,000

Active Listing ID 223032736
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Lot: 0.58 Acres
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Retail

$1,200,000

Active Listing ID 223032736
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13160 N Cleveland Avenue G&A Restaurant Management, Inc., the Tenant, owns and operates nine KFC restaurants and a Famous Dave’s Bar-B-Que in the fast-growing state of Florida. The owner of G&A Restaurant Management Inc. has been operating KFCs since 1996, nearly 30 years. Most restaurants, like the KFC in North Fort Myers, are located in southwest Florida in well-established communities with a rapidly expanding population and strong economies. This KFC in North Fort Myers is well located on US 41, a major US north-south route with nearly 230, 000 residents within a 15-minute drive and 52, 000 employees within a 10-minute drive. Absolute NNN Lease - No Landlord Responsibilities Price: $2, 8250, 000 CAP: 4.25% NOI: $120, 000 Rent Escalation of 10% every 5 years 10 year Lease with 5 Five-Year Options

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Property Features

  • Facts
  • Lot Size: 0.58 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 1200000
  • unparsedaddress: 13160 N Cleveland Avenue
  • postalcity: North Fort Myers
  • stateorprovince: FL
  • country: US
  • postalcode: 33903
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.579
  • lotsizeunits: Acres
  • lotsizearea: 0.579
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 26.660386
  • longitude: -81.883271
  • listagentfullname: Bruce Preble
  • listagentemail: brucepreble@aol.com
  • listagentkey: 3yd-FMSWFL-P3018405
  • listagentmlsid: P3018405
  • listagentpreferredphone: 2395375299
  • listagentofficephone: 2395375299
  • listofficekey: 3yd-FMSWFL-FCMRS
  • listagentstatelicense: 249513101
  • listofficemlsid: FCMRS
  • disclaimer: Copyright © 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: FMSWFL
  • yearbuilt: 1974
  • listingcontractdate: 2023-04-01
  • countyorparish: Lee
  • parcelnumber: 11-44-24-00-00017.4A70
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.88327, 26.660385
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Commercial Realty Specialists", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"brucepreble@aol.com", "ListBrokerageCity":"Cape Coral", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Commercial Realty Specialists", "ListBrokeragePhone":"(239) 537-5299", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1216 SW 4th Street, Ste. 3", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1216 SW 4th Street, Ste. 3", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"P3018405", "ListOfficeCity":"Cape Coral", "ListOfficeCountry":"US", "ListOfficeEmail":"brucepreble@aol.com", "ListOfficePostalCode":"33991", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Retail - North Fort Myers, FL", "ListingURL":"https://listings.listhub.net/pages/FMSWFL/223032736/?channel=rexren", "MLSModificationTimestamp":"2024-09-30T15:00:18Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":12108.79, "TaxDescription":null, "TaxYear":"2022"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/19/2024 10:15:32 PM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Bruce Preble, Commercial Realty Specialists, brucepreble@aol.com

Copyright © 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.