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Florida & Gulf Coast  + South Florida  + Retail  |  February 18, 2021
David Cohen
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 restaurant 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.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

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. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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