Starbucks 4770 Colonial Blvd 1,350 SF Retail Building Fort Myers, FL 33966 $6,057,079 CAD ($4,486.72 CAD/SF) 5.75% Cap Rate

Marcus and Millichap is pleased to present for sale this brand new construction Starbucks with Drive-Thru located at 4770 Colonial Blvd. in Ft. Myers, Florida. Fort Myers is a city in and the county seat of Lee County, Florida with a population of 92,245. Together with the residential city of Cape Coral, Fort Myers Beach, Sanibel and Bonita Springs, the village of Estero, it anchors a Metropolitan Statistical Area with a population of 787,976. Fort Myers is considered the gateway to Southwest Florida, and it is also a major tourist destination. The city takes its name from a former fort that was built there during the Seminole Wars. Major attractions in Fort Myers include The Caloosahatchee River, the IMAG History and Science Center and the Calusa Nature Center and Planetarium.
This new construction Starbucks is situated as an outparcel to a very busy WalMart Supercenter which has more than 2.5 million visits per year (Placer.AI). Numerous apartments complexes surround this Starbucks Property including The Oasis at Cypress Woods with 298 rented units, The Edison with 326 rented units, Colonial Commons with 332 rented units, V2 Apartments with 308 rented units, Green Edge at Province Park, Bernwood Trace Apartments, Venetial Apartments and Vive Apartments. New home developments in the area include Bonavie Cove by Mattamy Homes.
Colleges and Universities nearby include Nova Southeastern University with 6,971 enrolled students, Hodges University with 432 enrolled students, Rasmussen College and Ft. Myers Technical College.
Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It was founded in 1971 and is currently the world’s largest coffeehouse chain. There are currently 40,199 locations in 84 countries serving coffee beverages, smoothies, tea, baked goods and sandwiches.