Perkins Restaurant & Bakery
1551 Del Prado Boulevard S | Cape Coral, FL 33990
Contact Brokers
Jim Shiebler
Vice President Investments
Jim.Shiebler@MarcusMillichap.com
(O) 239.340.7811
FL #SL3347780
James Garner
First Vice President InvestmentsJames.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659
Highlights
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$16.87 - Incredibly Low Rent Per Foot
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Extremely Healthy Rent to Sales Ratio
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Absolute NNN – Zero Landlord Responsibilities
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9 Years Remaining on Newly Executed 10-year Lease
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32+ year Successful Operating History – Proven Location
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Exceptional Location - 48,000 Cars Per Day
Description
Marcus & Millichap is pleased to present Perkins Restaurant & Bakery, a truly rare investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in a quickly growing submarket of Cape Coral, FL. Additionally, this dense infill, high barrier to entry location on Del Prado Blvd. S. sees over 49,500 Cars Per Day. The location has a long successful operating history with a growing built in customer base with numerous retailers, such as Wendy’s Walgreens, Chase Bank, McDonald’s, and much more. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.