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Restaurant

Fat Katz | Abs. NNN Bistro | Ft Myers, FL

10080 Daniels Interstate Ct, Fort Myers, FL 33913

Listing Price: $1,380,333

Cap Rate
6.00%
Tenant Name
Fat Katz
Years Remaining On Lease
2.2
Gross SF
2,100
Guarantor
Personal Guarantee
Rentable SF
2,100
Price/Gross SF
$657.30
Lease Type
Absolute Net
Rent Per Square Feet
$39.44

Investment Overview

Marcus & Millichap is pleased to present for sale this 2,100-square-foot Fat Katz
Sports Bistro located at 10080 Daniels Interstate Court in Fort Myers, Florida.
This freestanding, single-tenant property sits on a ±0.60-acre parcel and was
originally built in 2007, with a full renovation completed in 2018. While the
property does not currently feature a drive-thru, the site layout offers potential
for a future drive-thru conversion. The tenant has operated at this location since
2018, demonstrating strong site commitment, and currently has approximately
two years remaining on a Absolute NNN lease with no landlord responsibilities.
The property is ideally positioned just off Daniels Parkway, one of Fort Myers’
primary commercial corridors, offering immediate access to Interstate 75 and
close proximity to Southwest Florida International Airport (RSW). This location
provides strong visibility, convenient accessibility, and consistent daily traffic,
making it well suited for restaurant and retail uses.
Numerous apartment communities surround the subject property, including Triton
Cay, West End, The Ivy, East Pointe Place Apartments, The Cottages at Stillwater,
Windsor East, and Maple Crest Apartments, providing a dense and established
residential customer base. In addition, several new home developments have
recently emerged in the area, including Bonavie Cove by Mattamy Homes, Coral
Bay by D.R. Horton (approximately 300 homesites), Lennar at Crane Landing, and
Harbourside Custom Homes, further strengthening long-term demand drivers.
Fort Myers has a population of 95,949 and is the 25th most populous city in
the State of Florida. The city is part of the Cape Coral–Fort Myers Metropolitan
Statistical Area, which has a population in excess of 834,573. Fort Myers is
widely known as the “Gateway to Southwest Florida” and is a major tourist
destination within the state. Notable attractions include the winter estates of
Thomas Edison and Henry Ford, which draw visitors year-round.
Colleges and universities nearby include Hodges University, Nova Southeastern
University, Rasmussen College, Southern Technical College, and Fort Myers
Technical College, contributing to a stable daytime and evening population.
Fat Katz Sports Bistro is a popular local sports bar in Fort Myers, Florida, known
for its made-from-scratch food offerings, including hamburgers, sandwiches,
and tacos, along with a large selection of craft beers on tap. The restaurant
benefits from strong customer loyalty and repeat business, supported by the
surrounding residential density and growing Fort Myers submarket.

Investment Highlights

  • Absolute NNN | Zero Landlord Responsibilities
  • Below Market Rent | Potential Rent Upside
  • High Visibility & Traffic | Strong Ingress/Egress
  • Attractive Annual Increase | Greater of 2% or CPI
  • Fat Katz Sports Bistro (2,100 SF) Well-Known Sports Bar With Strong Customer Loyalty
  • High-Growth MSA | Cape Coral–Fort Myers
  • Florida is a No State Income Tax State

Exclusively Listed By

Restaurant

Fat Katz | Abs. NNN Bistro | Ft Myers, FL

Listing Price: $1,380,333

Cap Rate
6.00%
Tenant Name
Fat Katz
Years Remaining On Lease
2.2
Gross SF
2,100
Guarantor
Personal Guarantee
Rentable SF
2,100
Price/Gross SF
$657.30
Lease Type
Absolute Net
Rent Per Square Feet
$39.44

Investment Highlights

  • Absolute NNN | Zero Landlord Responsibilities
  • Below Market Rent | Potential Rent Upside
  • High Visibility & Traffic | Strong Ingress/Egress
  • Attractive Annual Increase | Greater of 2% or CPI
  • Fat Katz Sports Bistro (2,100 SF) Well-Known Sports Bar With Strong Customer Loyalty
  • High-Growth MSA | Cape Coral–Fort Myers
  • Florida is a No State Income Tax State

Investment Overview

Marcus & Millichap is pleased to present for sale this 2,100-square-foot Fat Katz Sports Bistro located at 10080 Daniels Interstate Court in Fort Myers, Florida. This freestanding, single-tenant property sits on a ±0.60-acre parcel and was originally built in 2007, with a full renovation completed in 2018. While the property does not currently feature a drive-thru, the site layout offers potential for a future drive-thru conversion. The tenant has operated at this location since 2018, demonstrating strong site commitment, and currently has approximately two years remaining on a Absolute NNN lease with no landlord responsibilities. The property is ideally positioned just off Daniels Parkway, one of Fort Myers’ primary commercial corridors, offering immediate access to Interstate 75 and close proximity to Southwest Florida International Airport (RSW). This location provides strong visibility, convenient accessibility, and consistent daily traffic, making it well suited for restaurant and retail uses. Numerous apartment communities surround the subject property, including Triton Cay, West End, The Ivy, East Pointe Place Apartments, The Cottages at Stillwater, Windsor East, and Maple Crest Apartments, providing a dense and established residential customer base. In addition, several new home developments have recently emerged in the area, including Bonavie Cove by Mattamy Homes, Coral Bay by D.R. Horton (approximately 300 homesites), Lennar at Crane Landing, and Harbourside Custom Homes, further strengthening long-term demand drivers. Fort Myers has a population of 95,949 and is the 25th most populous city in the State of Florida. The city is part of the Cape Coral–Fort Myers Metropolitan Statistical Area, which has a population in excess of 834,573. Fort Myers is widely known as the “Gateway to Southwest Florida” and is a major tourist destination within the state. Notable attractions include the winter estates of Thomas Edison and Henry Ford, which draw visitors year-round. Colleges and universities nearby include Hodges University, Nova Southeastern University, Rasmussen College, Southern Technical College, and Fort Myers Technical College, contributing to a stable daytime and evening population. Fat Katz Sports Bistro is a popular local sports bar in Fort Myers, Florida, known for its made-from-scratch food offerings, including hamburgers, sandwiches, and tacos, along with a large selection of craft beers on tap. The restaurant benefits from strong customer loyalty and repeat business, supported by the surrounding residential density and growing Fort Myers submarket.

Exclusively Listed By

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