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
Call or text Ryan Schwartz at 239.500.8000
For 13160 N Cleveland Ave, NORTH FORT MYERS, FL (MLS® #223032736)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,825,000 to $1,200,000 | $1,625,000 (57.52%) | |
| Price Reduced from $2,825,000 to $1,200,000 | $1,625,000 (57.52%) | |
| Price Increased from $1,200,000 to $2,825,000 | $1,625,000 (135.42%) |
Trash Collection, Electricity Available, Natural Gas Available, Phone Available, Septic Available, Sewer Available, Water Available
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