Investor pays $6.6 million for Fort Myers Cooper’s Hawk location


  • By Louis Llovio
  • | 11:15 a.m. August 27, 2024
  • | 2 Free Articles Remaining!
An investor paid $6.6 million for the Fort Myers property where Cooper's Hawk Winery & Restaurant opened last year.
An investor paid $6.6 million for the Fort Myers property where Cooper's Hawk Winery & Restaurant opened last year.
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The Fort Myers property where Cooper’s Hawk Winery & Restaurant opened last year has been sold. But the popular eatery is not going anywhere.

What’s sold is the land where Copper’s Hawk sits at 13671 Olympic Court, which was bought by a Kimball, Michigan, private investor as part of a 1031 Exchange.

SRS Capital Markets, which represented the seller, Naples-based Stock Development, and announced the deal, says the price was $6.6 million. Stock, the Florida developer, paid $1.5 million for the property in 2021.

The 10,653-square-foot restaurant sits on 2.16 acres and has a 15-year corporately backed lease in place. It faces 6 Mile Cypress Highway and is next to the 500,000-square-foot Publix Super Market anchored Daniels Crossing shopping center.

Cooper’s Hawk, which opened its first location in Illinois in 2015, has nine locations in Florida, including one each in Naples, Sarasota, Tampa and Wesley Chapel. Along with standard restaurant fare, it offers wine tasting, a wine club, a wine shop with wines and accessories.

Stock was represented by SRS’ managing principals Britt Raymond and Kyle Fant.

 

author

Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.

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