3251 Colonial Blvd 3,578 SF Retail Building Fort Myers, FL 33966 $1,715,869 ($479.56/SF) 5.35% Cap Rate

This offering presents a rare opportunity to acquire a long-term, net-leased asset occupied by Dairy Queen and operated by the brand’s largest franchisee, whose ownership group controls more than 250 locations across 17 states. The scale, experience, and financial strength of this operator underscore exceptional operational stability and long-term commitment to the site.
The property is secured by a long-term absolute net lease with approximately 11.4 years remaining on the original 20-year term, plus three (3) five-year renewal options, providing investors with durable, predictable cash flow. Built-in rent escalations of 8% every five years — continuing through the option periods — offer attractive organic growth and a strong hedge against inflation.
Strategically located within a prime hospitality corridor, the site benefits from high daily traffic, excellent visibility, and consistent consumer demand driven by surrounding hotels and commercial activity. Additionally, the property sits directly across from the proposed Costco relocation site, positioning it to capture significant future traffic increases and area growth.
Backed by one of the most recognizable quick-service restaurant brands in the country, Dairy Queen’s recession-resistant business model and loyal customer base further enhance the long-term stability of this investment. This asset combines institutional-quality tenancy, strong real estate fundamentals, and favorable lease economics — making it ideal for passive investors seeking dependable income and appreciation potential.