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7790 Cypress Lake Dr, Fort Myers, FL, 33907

UNIVERSITY GRILL
$3,700,000

Key Information

Year Built
1997
Type
Retail
Leasable Area
5,502

Highlights

  • Established Turnkey Restaurant Opportunity – Operating since 1997, University Grill is a well-known and highly regarded dining destination in Fort Myers, benefiting from strong brand recognition and a loyal customer base. This fully built-out, well-maintained restaurant offers a seamless, turn-key opportunity for a new owner or operator to step in and continue operations with minimal capital investment required.
  • Part of an Established Restaurant Group – University Grill operates under the Prawnbroker Restaurant Group, a well-established entity in Florida’s dining scene, known for quality seafood and premium hospitality.
  • Scenic Outdoor Seating – Enhancing its appeal, the property features a pondside patio, offering a serene outdoor dining experience that sets it apart from other restaurants in the market.
  • Exceptional Corner Property (Publix Outparcel) – Positioned at the highly coveted intersection of Cypress Lake Dr and Summerlin Rd, this irreplaceable Publix outparcel corner location has ±54,000 vehicles per day (VPD), delivering unmatched visibility and exposure. Surrounded by strong demographics and major demand drivers like the Barbara B. Mann Performing Arts Hall and Suncoast Credit Union Arena, this premier site ensures a steady flow of customers and an unparalleled presence in the Fort Myers market.
  • High-Quality Construction & Infrastructure – The ±5,502 SF building, built in 1997, sits on ±1.10 acres and features a well-maintained interior and exterior, along with ample parking (64 spaces, ±11.63/±1,000 SF ratio).
  • Growing & Affluent Demographics – The surrounding trade area has a strong customer base, with a five-mile population exceeding 145,151 and an average household income of over $111,626.
  • Value-Add Potential – Investors and operators have the opportunity to expand operations, enhance marketing strategies, or implement new revenue streams, such as catering, events, or extended hours

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203