4395 Hancock Bridge PKWY NORTH FORT MYERS, FL 33903

About This Property

INVESTOR OPPORTUNITY! SECURE LONG TERM FRANCHISE TENANT! Completely remodeled 2640 sq ft building brought up to code in 2010 for the purpose of securing a Pinch a Penny Pool & Spa retail franchise as a tenant. In October 2023 a new TPO roof completed by Roman Roofing was installed. Automatic double doors were installed to allow for pallet deliveries to be brought inside the store for unloading under air and out of heat & rain. 10 parking spaces with easy entry/exit. Pinch a Penny franchise has been a tenant for 13 years and has a lease until August 31, 2027. Gross annual income of $51,000. Property owner responsible for property taxes and insurance expenses, which total approximately $6,000 per year. Pinch a Penny is a well known Florida franchise that is growing nationally. While the current lease is on a gross-basis, the tenant is aware that the negotiated new lease will transition to NNN, allowing for an increase in ROI and profitability Excellent visibility and accessibility from a main corridor bridging North Fort Myers to Cape Coral. The high traffic flow in the area offers great exposure for any business operating from this location.

infoProperty Details

Property Type: Retail-Commercial: Free Standing Building
Year Built: 1975
Lot Size: 0.36 acres
Days on Market: 110
Cumulative DOM: 144
List Date: Dec 7, 2023
Sold Date: Apr 30, 2024
Annual Taxes: $3K (2022)

chairInterior Features

Cooling

2 units on roof

Heating

Central Electric

yardExterior & Lot

Waterfront

None

$625,000