PDQ

12499 South Cleveland Avenue - Fort Myers Florida 33907

LTV (Loan to Value)	65.00%	Current NOI	$180,000.00
Interest Rate	4.250%	Capital Rate	5.250%
Fixed Term	10 Years	Land Area	1.28 Acre
Amortization	25 Years	Lease Type	Absolute Net
Loan Amount	$2,228,571.15	Property Type	Retail
Payment	$12,073.02	Property Lease	Food Service
Bulding Size	4,295 SF	Remaining Terms	+/- 14.9 Years

Location Description

NNN Lenders is pleased to exclusively offer for sale to qualified investors, the opportunity to purchase a 100% fee simple interest in the single tenant property located at 12499 S Cleveland Avenue in Fort Myers, Florida (the “Property”). The Property is a fast-casual restaurant leased to PDQ, complete with dine-in space as well as a drive-thru.

Highlights

Attractive New Construction – Brand New 2015 Build-to-Suit for PDQ in the brand's classic stone and stucco façade Long-Term Lease…

Property Description

Fort Myers is the county seat and the commercial center of Lee County in Florida. It serves as a gateway to Southwest Florida, a region along the south east gulf coast bounded by Tampa Bay, Lake Okeechobee and the Everglades. The population of Fort Myers as of the 2010 census was 62,298, representing a 29.2% increase since 2000 and continuing a trend of growth every decade since record keeping began in 1890.