Krispy Kreme 4904 S Cleveland Ave

Colliers, represented by Executive Vice President Ron Schultz, is excited to present the sale of a premier retail investment at 4904 S Cleveland Ave, Fort Myers, FL, leased to Krispy Kreme Doughnut Corporation—backed by a corporate guarantee and a long-term absolute NNN lease with over 16 years remaining. This is a zero-landlord-responsibility investment in a high-demand submarket, offering both stability and upside potential for the investor.
Corporate Guarantor: Krispy Kreme, an iconic and globally recognized brand, secures this lease. With Krispy Kreme Doughnut Corporation, investors can trust in the strength and stability of the tenant, knowing they are anchored by one of the strongest names in the retail food sector.
Prime Location: Nestled in one of Fort Myers’ most affluent submarkets, the property benefits from an average household income of $81,736 within a 3-mile radius and a thriving daytime population of over 100,000. This is not just a retail location—this is where consumer buying power converges with steady foot traffic.
High-Performing Store: Among the Krispy Kreme locations on the Gulf Coast, this site ranks an impressive 2nd in customer visits, drawing 253,785 annual visits. With 53,000 vehicles per day passing by on S Cleveland Ave, the store enjoys unmatched visibility, fueling both traffic and revenue.
Secure Long-Term Income: The absolute NNN lease structure means the landlord has zero responsibilities, with all costs borne by Krispy Kreme. With built-in rent escalations and over 16 years left on the lease, investors can expect predictable income growth from a blue-chip tenant.
This property is not just another net lease—it’s a rare opportunity to own a top-performing Krispy Kreme in one of Florida’s hottest markets, backed by a tenant with a legacy of reliability and corporate strength. Investors looking for stable cash flow combined with high-traffic retail real estate won’t find a better match.