Culver's franchisee Derynda bringing restaurant to Fort Myers

BUYER: Derynda Properties II LLC (Michael Derynda), Oconomowoc, Wis.
SELLER: Lee County Real Estate Holding LLC
PROPERTY: 10050 University Plaza Drive, Fort Myers
PRICE: $800,000
PREVIOUS PRICE: $6.25 million (part of additional property), January 2009
LAW FIRM ON DEED: Coleman Yovanovich & Koester PA, Naples

PLANS, DESCRIPTION: Culver's restaurant franchisee Michael Derynda purchased 1.19 acres at the southwest corner of Alico Road and Ben Hill Griffin Parkway for $800,000.

The price equated to $672,269 per acre. That figure is lower than the two-year average price per acre for retail land ($746,593) in Southwest Florida, according to the CoStar Group.