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29583261
29559491

11556 Majestic Palms Blvd, Fort Myers, FL 33908 For Sale

WW
FL SL3257920
SRS Real Estate Partners Tampa
PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$3,224,000
45 days on market
Updated 45 days ago

Dutch Bros - Fort Myers FL

Details
APN 31-45-24-L4-65000.0080
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 950
Cap Rate 5.25%
NOI $169,251
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Dutch Bros. Coffee
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 01/31/2041
Remaining Term 14.5
Rent Bumps Yes
Lease Options 3 (5-Year)
Price per SqFt $3,394
Broker Co-Op Yes
Class A
Year Built 2026
Buildings 1
Stories 1
Acreage 1.000
Zoning CPD
Parking Spaces 13 spaces
Parking per 1,000 SqFt 13.68
Investment Type Core
Tenant Credit Corporate Guarantee
Lease Commencement 01/23/2026
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

Brand New Construction | Corporate 15 Yr Absolute NNN Lease | 10% Increases Every Five Years

Marketing description

Introducing an exceptional investment opportunity in Fort Myers, Florida! This brand-new construction features a single-tenant Absolute NNN lease with Dutch Bros, a thriving QSR with a drive-thru. The property boasts a new 15-year lease with corporate guaranty, offering stable returns with scheduled rental increases and three 5-year extension options. Located in a high-traffic area with 29,000 VPD, this property showcases a 5.00% cap rate, generating $169,251 in net operating income. Dutch Bros, the third largest coffee chain in the U.S., is committed to this site and has aggressive expansion plans. With over 1,080 locations across 24 states, this investment provides a management-free income stream in a no state income tax environment. Don't miss this opportunity to own a prime commercial asset in a rapidly growing market!

Investment highlights

  • Brand New 15-Year Lease | Scheduled Rental Increases | Options to Extend | Established Tenant | 2026 Construction

  • Absolute NNN | Zero Landlord Responsibilities | No State Income Tax

  • Signalized, Hard Corner Intersection | High Traffic Corridor | Dense Trade Area | Surrounding Retailers | Dual Drive-Thru Equipped

  • 5 Mile Demographics and Employee Base | Affluent 3-Mile Radius

Listing Contacts

WW
FL SL3257920
SRS Real Estate Partners Tampa
PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$169,251.00
$14,104.25/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

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Additional Information

Name
Patrick Nutt
License
FL License No. BK3120739
Brokerage
SRS Real Estate Partners-SOFLO LLC
Title
Broker of Record
Name
William Wamble
License
SL3257920
Name
Patrick Nutt
License
BK3120739
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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