Courtesy of: Bruce Preble, Commercial Realty Specialists, brucepreble@aol.com
Courtesy of: Bruce Preble, Commercial Realty Specialists, brucepreble@aol.com
$1,200,000
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Lot: 0.58 Acres
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Retail
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$1,200,000
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
Courtesy of: Bruce Preble, Commercial Realty Specialists, brucepreble@aol.com
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