17501 Harbour Point Dr - Restaurant FOR SALE


Fort Myers, FL 33908- Fort Myers Outlying
$6,885,471 USD
239-489-3600
17501 Harbour Point Dr, Fort Myers, FL for Sale
$6,885,471 USD
Restaurant - FOR SALE
1/11
null | 7.75% Cap Rate

17501 Harbour Point Dr
Fort Myers, FL 33908
Fort Myers Outlying


HIGHLIGHTS

  • Restaurant has been in business since December 2017, with the current initial 10-year lease expiring November 30, 2027 with 3, 5-year renewal options
  • Bait Shack can generate a lucrative monthly income of $4,000 or more.
  • Home to a well- known local restaurant brand that attracts both tourists and locals.
  • 2.75 Million tourists coming to the area each year. Generating more than $96.5 billion in spending.
  • Potential for significant income from current tenant Bimini Bait Shack. Income percentage-based lease in place

OVERVIEW

Invest in a property that not only offers a beautiful waterfront setting but also promises strong income potential and a resilient structure. Seize this unique opportunity to own a prime commercial property in a highly sought-after location. Property only—no business operations included. Enjoy hassle-free ownership. Restaurant has been in business since December 1, 2017, with the current initial 10-year lease expiring November 30, 2027, with 3, 5-year renewal options available. Potential for significant income from current tenant Bimini Bait Shack. Income percentage-based lease in place with a 6% rate up to 4 million and 6.5% on anything over. The on-site Bait Shack can generate a lucrative monthly income of $4,000 or more. The scheduled opening coincides with the reopening of the Punta Rossa boat ramp July of 2025.

FOR SALE DETAILS

PRICE

$6,885,471 USD

PRICE/SF

$492 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.28 AC

LAND SF

142,977 SF

ZONING

CT

APN/PARCEL ID

09-46-23-00-00002.0000

ASK ABOUT THIS PROPERTY

Shawn StoneburnerCushman & Wakefield |Commercial Property SouthwestMore Info
239-489-3600

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Shawn StoneburnerCushman & Wakefield |Commercial Property SouthwestMore Info
239-489-3600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.