12,226 SF ONE STORY RETAIL STORE 1.38 ACRES FT MYERS FL
OFFERING PRICE: $2,700,000Building: A 12,226-sf, single-story, concrete tilt-up, high-end
retail patio furniture store constructed in 1998 and located on a
1.38-acre (59,999-sf) site in one of the fastest growing metro areas
in the nation.
Tenant:Founded in 1915 and headquartered in Fort Myers, FL,
Robb & Stucky is a high-end furniture retailer operating 27 stores in
Florida, Arizona and Texas.
Strategically Located: Fort Myers is listed by Time and Forbes
magazines as one of the top cities in the country for job growth
and entrepreneurial hot spots.
Lease Term: 15 years (matures March 31, 2021) with two, fiveyear
renewal options.
Lease Type: Absolute NNN. No Landlord responsibilities.
Annual Net Income: $170,800 ($14.00-psf). Rent increases by
2.50% every three years during the first nine years of the Lease
and every two years thereafter.
Contact Phone Number: 702-882-8657
Contact E-mail address: jjarelldlgrealty@yahoo.com
Brokerage Name: DLG Realty & Investments
Submitted by: admin
Property ID Number: 89
Property ID Name: Robb and Stuckey Building
Added: Tue May 13 2008
