High-Visibility Restaurant on US
1130 N TAMIAMI Trl North Fort Myers, FL 33903
For Sale
$950,000
Freestanding restaurant with drive-thru and liquor license on US 41.
Property Size3,460 SF
Lot Size0.81 Acres
Price / SF$274.57
Days on Market98
Property Features for 1130 N TAMIAMI Trl
General Information
Standard status
Active
Size
3,460 SF
Lot size
0.81 Acres
Property subtype
Commercial
Building Details
Year Built
1976
Listing Agency:
Re/Max Harbor Realty
(401) 688-0822
Listed By:
Margeaux McCarthy · License #SL3352338
(401) 688-0822
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 12:38PM
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 Re/Max Harbor Realty
Investment Insights
Based on property information with market context.
The property at 1130 N Tamiami Trail is a freestanding restaurant situated on US 41 in North Fort Myers. The building has 3,460 square feet of air-conditioned space and sits on 0.81 acres. The restaurant includes a dining room with seating for 157 guests, an existing drive-thru, and a 4COP liquor license. The site benefits from two curb cuts on US 41 for ingress and egress, as well as rear access to Pondella Road. The location sees approximately 59,000 vehicles per day. Zoned C-2 with a Future Land Use of Intensive Development, the property is suitable for a variety of commercial uses and has redevelopment potential. The property has a walk score of 35, indicating it is car-dependent, and a bike score of 33, indicating it is somewhat bikeable. This property is ideal for a restaurant, retail, or service-based operation.
Key Highlights
- High visibility location directly on US 41 with nearly 59,000 vehicles/day.
- Existing drive‑thru and 4COP liquor license included.
- Seating capacity for 157 guests in a fully built‑out dining room.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.7k | $21.60 |
| − Vacancy | −$1.5k | −$0.43 |
| EGI | $73.2k | $21.17 |
| − OpEx | −$18.3k | −$5.29 |
| NOI | $54.9k | $15.88 |
3,460 SF · lease $21.60/SF/yr · vacancy 2.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$784.7K
$686.6K – $915.5K
NOI $54,931 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$952.9K – $1.27M
NOI $76,231 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding restaurant with drive-thru and liquor license on US 41.
Where is this drive through restaurant located?
The property is located at 1130 N TAMIAMI Trl North Fort Myers, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: High visibility location directly on US 41 with nearly 59,000 vehicles/day.; Existing drive‑thru and 4COP liquor license included.; Seating capacity for 157 guests in a fully built‑out dining room.
