$625,000
$750,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
4395 Hancock Bridge Pkwy North Fort Myers, FL 33903
2,640 SqFt
Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,640 sqft
Price per Sqft $236
MLS Listing ID 223085593
Year Built 1975
Annual Tax Amount $3,108
Tax Year 2022
Lot Size 0.359 Acres
Property Description
INVESTOR OPPORTUNITY! SECURE LONG TERM FRANCHISE TENANT! Completely remodeled 2640 sq ft building brought up to code in 2010 for the purpose of securing a Pinch a Penny Pool & Spa retail franchise as a tenant. In October 2023 a new TPO roof completed by Roman Roofing was installed. Automatic double doors were installed to allow for pallet deliveries to be brought inside the store for unloading under air and out of heat & rain. 10 parking spaces with easy entry/exit.
Pinch a Penny franchise has been a tenant for 13 years and has a lease until August 31, 2027. Gross annual income of $51,000. Property owner responsible for property taxes and insurance expenses, which total approximately $6,000 per year.
Pinch a Penny is a well known Florida franchise that is growing nationally. While the current lease is on a gross-basis, the tenant is aware that the negotiated new lease will transition to NNN, allowing for an increase in ROI and profitability
Excellent visibility and accessibility from a main corridor bridging North Fort Myers to Cape Coral. The high traffic flow in the area offers great exposure for any business operating from this location.
Location
State FL
County Lee
Area Fn03 - North Fort Myers Area
Exterior
Utilities Available Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
Waterfront No
Waterfront Description None
Building
Story 1
Read Less
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Bought with Keller Williams Realty Fort Myers and the Islands
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