Krispy Kreme | NNN Long Term Lease

4904 S Cleveland Ave, Fort Myers, FL 33907

  • For Sale $4,550,000
  • Property Type Retail
  • Property Size 3,227 SF
  • Lot Size 1.1 SF
  • Additional Rent Contact for pricing
  • Year Built 2018
  • Date Updated Nov 21, 2024

Colliers, represented by Executive Vice President Ron Schultz, is excited to present the sale of a premier retail investment at 4904 S Cleveland Ave, Fort Myers, FL, leased to Krispy Kreme Doughnut Corporation—backed by a corporate guarantee and a long-term absolute NNN lease with over 16 years remaining. This is a zero-landlord-responsibility investment in a high-demand submarket, offering both stability and upside potential for the investor.

Corporate Guarantor: Krispy Kreme, an iconic and globally recognized brand, secures this lease. With Krispy Kreme Doughnut Corporation, investors can trust in the strength and stability of the tenant, knowing they are anchored by one of the strongest names in the retail food sector.

Prime Location: Nestled in one of Fort Myers’ most affluent submarkets, the property benefits from an average household income of $81,736 within a 3-mile radius and a thriving daytime population of over 100,000. This is not just a retail location—this is where consumer buying power converges with steady foot traffic.

High-Performing Store: Among the Krispy Kreme locations on the Gulf Coast, this site ranks an impressive 2nd in customer visits, drawing 253,785 annual visits. With 53,000 vehicles per day passing by on S Cleveland Ave, the store enjoys unmatched visibility, fueling both traffic and revenue.

Secure Long-Term Income: The absolute NNN lease structure means the landlord has zero responsibilities, with all costs borne by Krispy Kreme. With built-in rent escalations and over 16 years left on the lease, investors can expect predictable income growth from a blue-chip tenant.

This property is not just another net lease—it’s a rare opportunity to own a top-performing Krispy Kreme in one of Florida’s hottest markets, backed by a tenant with a legacy of reliability and corporate strength. Investors looking for stable cash flow combined with high-traffic retail real estate won’t find a better match.

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Attachments

Contacts

broker

Ron Schultz

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable
  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Fort Myers, FL
  • Neighborhood Palm Lee
  • Zip Code 33907
  • Market Southwest Florida Coast

Points of Interest

  • RaceTrac

    0.32 miles

  • Mobil

    0.66 miles

  • 7-Eleven

    0.67 miles

  • Shell

    0.90 miles

  • Hess

    1.64 miles

  • Hess Express

    1.68 miles

  • Tesla Supercharger

    4.07 miles

  • Observation Area

    0.71 miles

  • Parking Lot #1

    2.56 miles

  • Parking Lot #2

    2.62 miles

  • Faculty Parking Lot #3

    2.72 miles

  • Faculty Parking Lot #7

    2.73 miles

  • Parking Lot #4

    2.76 miles

  • President's Club Parking

    2.82 miles

  • Parking Lot #8

    2.83 miles

  • Parking Lot #5

    2.84 miles

  • Parking Lot #6

    2.87 miles

  • Krispy Kreme

    0.00 miles

  • Mels Diner

    0.06 miles

  • Steak 'n Shake

    0.19 miles

  • Dunkin'

    0.22 miles

  • India's Grill

    0.22 miles

  • Panera Bread

    0.40 miles

  • Hooters

    0.62 miles

  • Iguana Mia

    0.65 miles

  • McDonald's

    0.87 miles

  • Burger King

    0.99 miles

  • Trader Joe's

    0.25 miles

  • Marshalls

    0.30 miles

  • Burlington

    0.33 miles

  • Macy's

    0.79 miles

  • JCPenney

    0.79 miles

  • Old Time Pottery

    0.83 miles

  • Edison Mall

    0.86 miles

  • Publix

    0.87 miles

  • Dillard's

    0.92 miles

  • ALDI

    0.96 miles

Frequently Asked Questions

How much does Krispy Kreme | NNN Long Term Lease cost?

The space currently listed for sale at Krispy Kreme | NNN Long Term Lease asks for $4,550,000.

What is the total square footage of Krispy Kreme | NNN Long Term Lease?

Krispy Kreme | NNN Long Term Lease totals 3,227 square feet.

When was this property built?

Krispy Kreme | NNN Long Term Lease was built in 2018.

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Contact Listing Broker

broker

Ron Schultz