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4451 Veronica S Shoemaker Blvd

4,973 SF Retail Building Fort Myers, FL 33916 $2,125,000 ($427/SF) 7.60% Cap Rate

Restaurants Florida Fort Myers 4451 Veronica S Shoemaker Blvd, Fort Myers, FL 33916

Executive Summary

Great corner location on arterial state highway 884 with OVER 100 exclusive parking spaces Double net lease (owner pays property taxes) Insurance and building Maintenance is Tenants responsibility. New 20 year Warranty roof installed November 2024, Tenant is a Sports Bar Restaurant since 10-1-2016 current lease 10-1-2021 through 9-30-2026 with one five year option. rent increases $6,000.00 annually on the 1st of October each and every year. Lease also provides for an additional 4% of gross sales over two million Dollars as additional rent. Lessee is at that threshold at this time, year-end sales have not yet been calculated at this time for 2024. No BROKERS COMMISSION AVAILABLE "Investors Only" Please don't Email Phone calls welcomed

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,973 SF
Building Class
B
Year Built
1994
Price
$2,125,000
Price Per SF
$427
Cap Rate
7.60%
NOI
$161,554
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.59 AC
Zoning
I-1
Parking
118 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
56 FT on Colonial Blvd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
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Nearby Major Retailers

Miller's Ale House
Fifth Third Bank

PROPERTY TAXES

Parcel Number 31-44-25-P3-00600.0040 Improvements Assessment $0
Land Assessment $0 Total Assessment $1,450,693

PROPERTY TAXES

Parcel Number
31-44-25-P3-00600.0040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,450,693
(239) 246-9750

Contact

  • Listing ID: 34250966

  • Date on Market: 12/19/2024

  • Last Updated:

  • Address: 4451 Veronica S Shoemaker Blvd, Fort Myers, FL 33916

More public record information on 4451 Veronica S Shoemaker Blvd, Fort Myers, FL 33916

The Retail Property at 4451 Veronica S Shoemaker Blvd, Fort Myers, FL 33916 is currently available for sale. Contact TORCO LLC for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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4451 Veronica S Shoemaker Blvd, Fort Myers, FL for sale Primary Photo- Image 1 of 10
Primary Photo
4451 Veronica S Shoemaker Blvd, Fort Myers, FL for sale Building Photo- Image 2 of 10
Bar Seating
4451 Veronica S Shoemaker Blvd, Fort Myers, FL for sale Building Photo- Image 3 of 10
Bar
4451 Veronica S Shoemaker Blvd, Fort Myers, FL for sale Building Photo- Image 4 of 10
Dining Game
4451 Veronica S Shoemaker Blvd, Fort Myers, FL for sale Building Photo- Image 5 of 10
Diningroom
4451 Veronica S Shoemaker Blvd, Fort Myers, FL for sale Building Photo- Image 6 of 10
Entry
4451 Veronica S Shoemaker Blvd, Fort Myers, FL for sale Building Photo- Image 7 of 10
Kitchen Grill Hood
4451 Veronica S Shoemaker Blvd, Fort Myers, FL for sale Building Photo- Image 8 of 10
Outside Bar
4451 Veronica S Shoemaker Blvd, Fort Myers, FL for sale Building Photo- Image 9 of 10
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4451 Veronica S Shoemaker Blvd
(239) 246-9750 x

4451 Veronica S Shoemaker Blvd

Tory Copeland

(239) 246-9750

(239) 246-9750

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