Drive-Through Restaurant NNN
14491 Palm Beach Blvd Fort Myers, FL 33905
14491 Palm Beach Blvd, Fort Myers, FL, 33905
$3,084,000
For Sale
$3,084,000
Freestanding drive-thru restaurant on an absolute NNN lease with 2,510 SF building and ample parking.
Property Size2,510 SF
Lot Size1.25 Acres
Price / SF$1,228
Days on Market66
Property Features for 14491 Palm Beach Blvd
General Information
- Standard status
- Active
- Size
- 2,510 SF
- Lot size
- 1.25 Acres
- Property subtype
- Restaurant
Listing agency
Marcus & Millichap
(813) 387-4726
Listed by
Reid Thedford · License #License(s): FL: SL3442474
(813) 387-4726
Source
Marcusmillichap
Added: May 18 Updated: Jul 21 at 5:59PM Checked: Jul 22 at 2:08AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
This freestanding drive-through restaurant property is offered on an absolute NNN basis. The building totals 2,510 SF and includes a drive-thru and ample parking on a large 1.25-acre parcel with multiple access points.
The site is located on a signalized intersection at Palm Beach Blvd & Buckingham Rd, with a combined traffic count of 63,500 cars per day. The surrounding retail mix includes Publix, Aldi, CVS, McDonald’s, Dunkin’, Circle K, and other national retailers.
The lease features 13.5 years remaining on an original 20-year base term, with four, 5-year options. Rent increases are scheduled every five years, and the lease is described as guaranteed by QFRM Holdings LLC, a Florida-based franchisee led by Tim Cloe, operating approximately 80+ Wendy’s locations across the Gulf Coast.
The site is located on a signalized intersection at Palm Beach Blvd & Buckingham Rd, with a combined traffic count of 63,500 cars per day. The surrounding retail mix includes Publix, Aldi, CVS, McDonald’s, Dunkin’, Circle K, and other national retailers.
The lease features 13.5 years remaining on an original 20-year base term, with four, 5-year options. Rent increases are scheduled every five years, and the lease is described as guaranteed by QFRM Holdings LLC, a Florida-based franchisee led by Tim Cloe, operating approximately 80+ Wendy’s locations across the Gulf Coast.
Key Highlights
- Absolute NNN lease structure with no landlord responsibilities and 13.5 years remaining on the original 20‑year base term
- 10% rent increases every 5 years plus four 5‑year options
- Lease guaranteed by QFRM Holdings LLC (Florida‑based franchisee led by Tim Cloe) with 80+ Wendy’s locations across the Gulf Coast
Property Analytics
Location Intelligence
Current Use by Public Records
Wendy's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Freestanding drive-thru restaurant on an absolute NNN lease with 2,510 SF building and ample parking.
Where is this drive through restaurant located?
The property is located at 14491 Palm Beach Blvd Fort Myers, FL.
What is the asking price?
The asking price for this property is $3,084,000.
What are key features of this property?
This property features: Absolute NNN lease structure with no landlord responsibilities and 13.5 years remaining on the original 20‑year base term; 10% rent increases every 5 years plus four 5‑year options; Lease guaranteed by QFRM Holdings LLC (Florida‑based franchisee led by Tim Cloe) with 80+ Wendy’s locations across the Gulf Coast