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23359845
23359846

7790 Cypress Lake Dr, Fort Myers, FL 33907

JL
FL SL3510801
Matthews
DG
FL SL3463209 (FL)
Matthews
Listed by Matthews
$3,700,000
389 days on market
Updated 82 days ago

University Grill | Fort Myers, FL

Details
APN 23-45-24-55-00000.0030
Property Type Retail
Sub Type Bar, Restaurant
Square Footage 5,502
Tenancy Single
Year Built 1997
Acreage 1.100
Zoning Commercial
Investment Type Owner/User
Ownership Fee Simple

Turn-Key Restaurant | Owner/User | Redevelopment

Marketing description

● Established Turnkey Restaurant Opportunity – Operating since 1997, University Grill is a well-known and highly regarded dining destination in Fort Myers, benefiting from strong brand recognition and a loyal customer base. This fully built-out, well-maintained restaurant offers a seamless, turn-key opportunity for a new owner or operator to step in and continue operations with minimal capital investment required.

● Part of an Established Restaurant Group – University Grill operates under the Prawnbroker Restaurant Group, a well-established entity in Florida’s dining scene, known for quality seafood and premium hospitality.

● Scenic Outdoor Seating – Enhancing its appeal, the property features a pondside patio, offering a serene outdoor dining experience that sets it apart from other restaurants in the market.

● Exceptional Corner Property (Publix Outparcel) – Positioned at the highly coveted intersection of Cypress Lake Dr and Summerlin Rd, this irreplaceable Publix outparcel corner location has ±54,000 vehicles per day (VPD), delivering unmatched visibility and exposure. Surrounded by strong demographics and major demand drivers like the Barbara B. Mann Performing Arts Hall and Suncoast Credit Union Arena, this premier site ensures a steady flow of customers and an unparalleled presence in the Fort Myers market.

● High-Quality Construction & Infrastructure – The ±5,502 SF building, built in 1997, sits on ±1.10 acres and features a well-maintained interior and exterior, along with ample parking (64 spaces, ±11.63/±1,000 SF ratio).

● Growing & Affluent Demographics – The surrounding trade area has a strong customer base, with a five-mile population exceeding 145,151 and an average household income of over $111,626.

● Value-Add Potential – Investors and operators have the opportunity to expand operations, enhance marketing strategies, or implement new revenue streams, such as catering, events, or extended hours.

Listing Contacts

JL
FL SL3510801
Matthews
DG
FL SL3463209 (FL)
Matthews
Listed by Matthews

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Additional Information

Name
Kyle Matthews
License
BK3554632, CQ1066435 (FL)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Name
Jake Lurie
License
SL3510801
Name
Daniel Gonzalez
License
SL3463209 (FL)
Brokerage Phone
3053956972
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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