Taco Bell | 8993 Dani Dr
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Taco Bell 8993 Dani Dr
2,809 SF Retail Building Fort Myers, FL 33966 $3,300,000 ($1,175/SF) 5% Cap Rate
Investment Highlights
- Brand New 10-Year Lease | Franchisee Guaranteed | Scheduled Rental Increases
- Outparcel to Lowe’s Anchored Center | Colonial Square (417,000 SF) |Near The Forum at Fort Myers (484,000 SF) | Primary Retail Corridor
- Absolute NNN | Fee Simple Ownership | No Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Taco Bell investment property located in Fort Myers, Florida. The tenant, Coastal QSR, LLC recently signed a brand new 10-year lease with 5 (5-year) options to extend, demonstrating their commitment to the site. The lease features an 8% rental increase in Feb 2030 during the initial term and 8% increases at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,809 SF
Building Class
B
Year Built
2005
Price
$3,300,000
Price Per SF
$1,175
Cap Rate
5%
NOI
$165,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.88 AC
Zoning
CG - Commercial General
Parking
30 Spaces (10.68 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 33-44-25-P2-00400.0050 | Improvements Assessment | $1,798,968 |
| Land Assessment | $765,784 | Total Assessment | $2,781,362 |
PROPERTY TAXES
Parcel Number
33-44-25-P2-00400.0050
Land Assessment
$765,784
Improvements Assessment
$1,798,968
Total Assessment
$2,781,362
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Taco Bell | 8993 Dani Dr
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