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Single-Tenant Breakfast Restaurant

10021 University Plaza Drive, Fort Myers, FL 33913

For Sale
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First Watch operates at Gulf Coast Town Center, with access to I-75 through the Alico Road interchange.

Property SizeContact for details
Days on Market21

Property Features for 10021 University Plaza Drive

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 32,500 vehicles/day
Highway Access Yes

Additional Details

Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: CBRE - Tampa
Listed By: Jim Shiebler, CCIM, CEC · License FL SL3347780
Source: Crexi
Added: Oct 20 Changed: Nov 8 Last Checked: Nov 8 at 5:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Tampa

Rey
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Investment Insights

Based on property information with market context.

This single-tenant restaurant property in Fort Myers is occupied by First Watch Restaurant Group and offered as a net lease investment. The restaurant is part of Gulf Coast Town Center, an open-air retail, dining, and entertainment center with more than 2 million square feet. The center reports 2 million annual visitors from Lee, Collier, and Charlotte counties.

The property is within the center, whose other named tenants include Bass Pro Shops, Target, Costco, and Regal Cinemas. The entrance records 32,500 ADT. Interstate 75 access is available via the Alico Road interchange, and the surrounding corridor includes retail, hospitality, and healthcare businesses.

Key Highlights

  • Single‑tenant restaurant occupied by First Watch Restaurant Group
  • Offered as a net lease investment
  • Located within Gulf Coast Town Center, a center with more than 2 million SF

Property Analytics

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Current Use

First Watch Restaurant

Suggested Use

Top Pick Auto Parts Store Electrical Service Plumbing Service Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32,500 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby
613k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 59% Apparel 27% Shops & Services 7% Home Improvements & Furnishings 2%
Bass Pro Shops Apparel
105,313 visits/mo 0.4 miles
Marshalls Apparel
52,262 visits/mo 0.4 miles
McDonald's Dining
33,414 visits/mo 0.4 miles
Starbucks Dining
31,720 visits/mo 0.1 miles
Twin Peaks Dining
29,076 visits/mo 0.3 miles

Demographics for 33913, FL

28,216
Population
16,026
Households
1.8
Avg Household Size
54
Median Age
47%
College-Educated
95%
High-School Grad
101.0 sq mi
ZIP Area
279
Density / Sq Mi
$106,925
Median Household Income
$54,341
Median Earnings
$1,914
Median Rent
$439,200
Median Home Value
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Empire Bagel Factory — 9961 Interstate Commerce Dr #195, Fort Myers, FL 33913

Frequently Asked Questions

What type of property is this?
Breakfast & diner - First Watch operates at Gulf Coast Town Center, with access to I-75 through the Alico Road interchange.
Where is this breakfast & diner located?
The property is located at 10021 University Plaza Drive Fort Myers, FL.
What is the asking price?
The asking price for this property is $2,977,000.
What are key features of this property?
This property features: Single‑tenant restaurant occupied by First Watch Restaurant Group; Offered as a net lease investment; Located within Gulf Coast Town Center, a center with more than 2 million SF
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