Cooper's Hawk | New 15yr Corp Abs NNN Grd Lse 13671 Olympic Ct

13671 Olympic Ct , Fort Myers, Florida, 33912 | 10,653 sq.f | $ 7,217,000

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About This Restaurant

Investment Highlights

Brand New 15-Year Lease | Corporate Guaranteed | 10% Rental Increases | Cooper?s Hawk - 55+ Locations Brand New Construction | Limited Capital Expenditure Strong Demographics In 5-mile Trade Area | Population Growth Absolute NNN Ground Lease | No Landlord Responsibilities | No State Income Tax Fronting 6 Mile Cypress Highway | Daniels Crossing | Interstate 75 |Excellent Visibility & Access | New Fort Myers Location

Executive Summary

? Cooper?s Hawk, has signed a 15-year initial term lease with 3 (5-year) options to extend, demonstrating their commitment to the site? The lease is corporate guaranteed by Cooper?s Hawk Intermediate Holding, LLC (55+ locations nationwide)? Attractive 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging inflation

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail Retail General Retail Freestanding General Retail Restaurant Retail
  • Building Size    10,653
  • Year Built    2023
  • Price    7,217,000
  • Price Per SF    677
  • Cap Rate    5.75
  • NOI    414,975
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.11
  • Land Acres    2.16 AC

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage

Nearby Amenities & Transportation

Retail Bank of America
Retail Publix
Retail Cyclebar
Retail Chase
Retail Truist
Retail Burn Boot Camp
Retail First Horizon Bank
Retail Keke's Breakfast Cafe
Retail Club Pilates
Retail Whole Foods

Property Taxes

Parcel Number 19-45-25-18-000F2.0010 Improvements Assessment $0
Land Assessment $0 Total Assessment $408,396
Date Created: 2024-07-16 04:13:33 Last Updated: 2024-07-16 04:13:33
Address: 13671 Olympic Ct , Fort Myers, Florida, 33912