5660 Bayshore Rd North Fort Myers, FL
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Long-term lease with corporate guaranty in growing trade area.
Type:RETAIL
Property size:
46,320 SFLot size:
6.88 AcresPrice / SF:
$208/SF- Added:
- Feb 12, 2025
- Days on Market:
- 434
- Last Refresh:
- Apr 5 at 9:58 pm
Property Features for 5660 Bayshore Rd
General Information
- Standard status
- Active
- Size
- 46,320 SF
- Lot size
- 6.88 Acres
- Property subtype
- RETAIL
Listing agent Chris Lind (602) 370-9255
Listing office Marcus & Millichap | Phoenix (602) 370-9255
Listing date Feb 12, 2025
Source Moodyscre
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 | Phoenix
Overview
ALDI Grocery Store Investment Opportunity
This property features a longstanding grocery store, currently a Winn-Dixie, that is slated for conversion to an ALDI following ALDI's acquisition of Winn-Dixie's parent company in 2024. The lease has 15.5 years remaining with a corporate guaranty. The surrounding trade area is experiencing growth, with a population of 104,921 residents within a five-mile radius. Households in the immediate area are projected to increase by more than 11% by 2028. The property benefits from high traffic volume, with over 43,000 cars per day along Bayshore Road. ALDI operates more than 2,400 stores in 40 states and plans to open 800 new stores nationwide over the next 3 years through a combination of new store openings and store conversions. The property size is 46,320 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- North Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.8647
- Latitude
- 26.6872
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - Long-term lease with corporate guaranty in growing trade area.
Where is this grocery and convenience store located?
The property is located at 5660 Bayshore Rd North Fort Myers, FL.
What is the asking price?
The asking price for this property is $9,672,000.
What are key features of this property?
This property features: Longstanding Winn‑Dixie Grocery Store is Being Converted to an ALDI Following ALDI's Acquisition of Winn‑Dixie's Parent Company in 2024; **15.5 Years Remaining on Lease Term with Corporate Guaranty**; Accessible to More Than 43,000 Cars per Day Along Bayshore Road
