21301 Town Commons Drive | Estero, FL 33928
Vice President Investments
Senior Investment Advisor
Outparcel to Lowes Home Improvement Store
Over 38,000 Average Daily Traffic Count
12% Rent Increase in 2022
Fort Myers/Cape Coral - One of the Fastest Growing Metro Markets in the United States
This location has a corporate guarantee from Ruby Tuesday, Inc, operator of 599 locations. In 2017 Ruby Tuesday, Inc was acquired
by NRD Capital, a very successful private equity firm. The location features 2 years remaining on its original 15-year lease and has
four 5-year option periods. This location has enjoyed exceptionally high sales volume with a 6.58% rent to sales ratio.
Ruby Tuesday is located between the cities of Fort Myers and Naples, two rapidly growing areas, Estero itself is projected to experience massive growth in the coming years as these two growth fronts converge. The property is perfectly positioned among the areas three major tourist destination outdoor shopping malls, Coconut Point, Miromar Outlets and Gulf Coast Town Center. The rapidly growing Florida Gulf Coast University is just two miles away with over 22,000 students, faculty and staff and the newly renovated Hertz Arena is also located within ¾ mile.