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Florida & Gulf Coast   /   February 18, 2021

By: David Cohen

JLL Arranges $4M Sale of Fort Myers Retail Property

JLL has arranged the $4.4 million sale of a 3,945-square-foot single tenant retail building ground leased to Mcdonald’s in Fort Myers.

The property is situated on more than an acre at 17800 Ben Hill Griffin Pkwy. within Gulf Coast Town Center, the second-largest open-air shopping center in Florida. Completed in 2006, the building is the only one within a 3.4-mile radius with a quick-service restaurant tenant featuring a double-drive through.

Brad Peterson, Michael Brewster and Joseph Naas of JLL represented the seller, North American Development Group, in the transaction. A private investor acquired the property.

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David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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