PDQ

17470 Ben Hill Griffin Parkway - Fort Myers FL 33913

LTV (Loan to Value)	65.00%	Current NOI	$150,000.00
Interest Rate	4.250%	Capital Rate	5.250%
Fixed Term	10 Years	Land Area	+/- 1.14 Acres
Amortization	25 Years	Lease Type	Absolute Net
Loan Amount	$1,857,142.95	Property Type	Retail
Payment	$10,060.85	Property Lease	Food Service
Bulding Size	0 SF	Remaining Terms	+/- 14.6 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 17470 Ben Hill Griffin Parkway 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. It is an out-parcel of the Gulf Coast Town Center, a 1.2 million square foot outdoor shopping mall with 11 anchors and more than 90 other stores and services that draws more than 6.5 million visitors each year. Additionally, the Property is less than one mile from Interstate 75 and less than two miles from Florida Gulf Coast University.

Highlights

New 2014 Build-to-Suit Construction Strong Sales with Positive Growth Trend14+ Years Remaining on Brand New Lease – PDQ’s base 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.Since the 1950’s, Southwest Florida and Fort Myers have seen amazing growth and prosperity, and have become premiere destinations for sun-seekers, investors and retirees. With a number of amenities to choose from and located nearby, it is a center of commerce, government and entertainment for the ever-growing Southwest Florida community.