13160 N Cleveland AVE, NORTH FORT MYERS FL 33903

$1,200,000

  • 1780 sqft
  • Beds
  • Baths
  • Garages

General Information

  • List Price : $1,200,000
  • City : NORTH FORT MYERS
  • Acres : 0.579
  • MLS Area : 1780
  • Status Type : Resale Property
  • Approx. Living Area : 1780
  • Furnished :
  • Date Created : 2023-04-28
  • MLS Number : 223032736
  • State Or Province : FL
  • Subdivision :
  • County : Lee
  • Bedrooms :
  • Approx. Total Area : 1780
  • Year Built : 1974
  • Potential Short :
  • DOM : 334
  • Address : 13160 N Cleveland AVE, NORTH FORT MYERS FL 33903
  • Postal Code : 33903
  • Development : Array
  • Property Type : Commercial Sale
  • Bath Full :
  • Price per Sq Ft : $48
  • Property Id : 11-44-24-00-00017.4A70
  • Status : Active
  • CDOM : 334

Description

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

Provided by Commercial Realty Specialists

Detailed Property Information

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  • Waterfront Y/N :
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  • Waterfront Desc : None
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Unit / Building Information

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  • Construction :
  • Total Floors : 1
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Lot Information

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Financial Information

  • Condo Fee :
  • Approval :
  • Tax Year : 2022
  • Condo Fee Freq :
  • Management :
  • Possession : Array
  • Tax Desc :
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Additional Details

  • Amenities :
  • County Or Parish : Lee
  • Foreclosed REOYN :
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  • Management :
  • Master HOA Fee Freq :
  • Original List Price : 2825000
  • Parcel Number : 11-44-24-00-00017.4A70
  • Planned Use :
  • Postal Code Plus :
  • Property Type : Commercial Sale
  • Restrictions :
  • Section :
  • Source of Measurements :
  • State Or Province : FL
  • Street Dir Prefix : N
  • Street Number : 13160
  • Sub Condo Name :
  • Unit Number :
  • View :
  • Waterfront YN :
  • CDOM : 334
  • Close Date :
  • Community Type :
  • Date Created : 2023-04-28
  • Full Address : 13160 N Cleveland AVE, NORTH FORT MYERS FL 33903
  • Last Change Timestamp : 2024-03-27T16:13:47.917Z
  • List Price : $1,200,000
  • Lot Unit :
  • Mandatory Club Fee Freq :
  • MLS Area Major : FN06 - North Fort Myers Area
  • Photo Count : 4
  • Possession : Array
  • Potential Short Sale YN :
  • Range :
  • Road :
  • Sewer :
  • Status : Active
  • Street Dir Suffix :
  • Subdivision Info :
  • Table : Commercial
  • Township :
  • Water :
  • Zoning Code: C-1A
  • Association Mngmt Phone : 239-537-5299
  • Boat Access :
  • Canal Width : $
  • City : NORTH FORT MYERS
  • Condo Fee :
  • Condo Fee Freq :
  • Current Price : $1,200,000
  • DOM : 334
  • Elevation :
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  • Last Change Type : Price Change
  • Legal Desc :
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  • Matrix Modified DT : 2024-03-27T16:21:29.886Z
  • MLS Number : 223032736
  • Other PI Ds :
  • Photo Modification Timestamp : 2023-10-13T20:12:45.482Z
  • Postal Code : 33903
  • Price Per Acre : 2,072,539
  • Rear Exposure :
  • Room Count :
  • Source of Measure Lot Dimensions :
  • Status Type : Resale Property
  • Street Name : Cleveland
  • Street Suffix : AVE
  • Tax Desc :
  • Tax Year : 2022
  • Trees :
  • Utilities Available : Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Waterfront Desc :

REQUEST INFO OR SHOWING

13160 N Cleveland AVE, NORTH FORT MYERS FL 33903

$1,200,000