North Fort Myers, FL 33903,4395 Hancock Bridge Pkwy
North Fort Myers, FL 33903,4395 Hancock Bridge Pkwy
North Fort Myers, FL 33903,4395 Hancock Bridge Pkwy
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$625,000

$750,000

16.7%
Est.Price: ?

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Est. payment /mo

2,640 SqFt


SOLD DATE : 04/30/2024

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

Sold Date 04/30/24

Construction Status Resale

HOA Y/N No

Year Built 1975

Annual Tax Amount $3,108

Tax Year 2022

Lot Size 0.359 Acres

Acres 0.3587

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

Rooms

Bedroom Description NaN

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available

Waterfront No

Waterfront Description None

Garage No

Building

Story 1

Construction Status Resale

Others

Senior Community No

Tax ID 09-44-24-00-01002.0180

Financing Cash

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Listed by Always Island Time Realty LLC • Kerrie Roadcap
Bought with Keller Williams Realty Fort Myers and the Islands
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