Krispy Kreme 4904 S Cleveland Ave 3,227 SF Retail Building Fort Myers, FL 33907 $5,859,840 CAD ($1,815.88 CAD/SF) 5.15% Cap Rate

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single-tenant, net-leased Krispy Kreme located at 4904 S Cleveland Avenue in Fort Myers, Florida (“the Property”). The Property consists of a 3,227 square foot freestanding building on a 1.10-acre lot. Krispy Kreme has 15+ years remaining on its Absolute NNN Lease with four (4), 5-year renewal options. The lease calls for attractive increases in rent every five years throughout the primary lease term and at the start of each renewal option. Krispy Kreme is prominently located along S Cleveland Avenue (US Route 41), the area’s primary commercial and commuter corridors with outstanding daily traffic counts. The Property benefits from strong visibility and accessibility (with a dedicated northbound turning lane) and sits in front of the newer construction Grand Central, a 280-unit luxury apartment community. The Property is positioned 3 miles south of Downtown Fort Myers and is surrounded by national retailers and restaurants, area schools, and countless hotels that provide consistent vehicular and pedestrian traffic. Krispy Kreme is also close to dense residential neighborhoods with numerous apartment complexes and single-family homes offering a steady and reliable customer base throughout the day.