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Krispy Kreme NNN Drive-Through
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4904 S Cleveland Ave, Fort Myers, FL 33907

Corporate-guaranteed tenancy includes approximately 16 years remaining and four five-year extension options.

Property SizeContact for details
Days on Market142

Property Features for 4904 S Cleveland Ave

General Information

Standard status Active
Property subtype Retail

Additional Details

Drive-Thru Yes
Listing Agency: Matysek Investment Group Commercial Real Estate Advisors
Listed By: Paul Matysek CCIM · License #CA 01757671
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:45AM

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 Matysek Investment Group Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This Krispy Kreme property is structured under an absolute NNN lease with a corporate guaranty. The current term has close to 16 years remaining, followed by four five-year renewal options. Contractual rent increases are set at 10% in years 11 and 16, with 8% increases at the start of each option period.

The site includes a drive-through and fronts S Cleveland Avenue, identified as a major retail and commuter thoroughfare. It is directly across from Page Field Commons shopping center, where national tenants include Trader Joe’s, Marshall, and PetSmart.

Key Highlights

  • Absolute NNN lease with corporate guaranty
  • Close to 16 years remaining on the current lease term
  • Four 5‑year extension options

Property Analytics

Current Use

Krispy Kreme Bakery

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

1,849
Businesses Nearby
625k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 32% Shops & Services 24% Superstores 14% Dining 11%
Sam's Club Superstores
87,501 visits/mo 0.3 miles
Best Buy Electronics
52,227 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
47,923 visits/mo 0.3 miles
Burlington Apparel
45,554 visits/mo 0.3 miles
Marshalls Apparel
42,372 visits/mo 0.3 miles

Demographics for 33907, FL

24,980
Population
14,125
Households
1.8
Avg Household Size
43
Median Age
26%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
3,422
Density / Sq Mi
$49,826
Median Household Income
$33,442
Median Earnings
$1,502
Median Rent
$236,700
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate-guaranteed tenancy includes approximately 16 years remaining and four five-year extension options.
Where is this nnn property located?
The property is located at 4904 S Cleveland Ave Fort Myers, FL.
What are key features of this property?
This property features: Absolute NNN lease with corporate guaranty; Close to 16 years remaining on the current lease term; Four 5‑year extension options
(310) 405-0902 Call to check price and availability
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