Desirable high-visibility premium NNN income-generating investment property, being sold 'As Is'. Located at 17521 N. Tamiami Trail (US 41) in North Fort Myers, SW Florida (just south of Del Prado and just north of the intersection of US 41 and Business 41). The property has an in-place net operating income of $71,717, yielding a 7.18% cap rate. Lease structure is NNN (triple net): the tenant pays all expenses. The property houses a well-established golf cart business, Affordable Golf Carts, that sells, services and repairs new and used golf carts, with no fall-off of business during COVID-19 and never missed a rent payment. These top-of-the-line golf carts can be used on golf courses and also on streets in residential communities. The tenant recently renewed the lease with an expiration in

Listing provided courtesy of Berkshire Hathaway FL Realty.
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