1519 NE Pine Island Rd - Freestanding FOR SALE
Cape Coral, FL 33909 |
1519 NE Pine Island Rd
Cape Coral, FL 33909
HIGHLIGHTS
- Diversified Tenancy - With a solid mix of healthcare, food, and service-based businesses, this center is well-positioned to experience resiliency
- Booming Market - Cape Coral is the 8th largest city in Florida and the largest city between Tampa and Miami | Top 10 fastest-growing cities
- Limited Exposure to Capital Repairs - The center will finish construction in 2022 and will not require any major capital repairs
- Favorable Lease Structures - 100% of tenants reimburse their pro-rata share and pay at least a 10% admin fee on common area expenses
- Signalized Intersection with 2 Curb Cuts - Located at the busy Del Prado/Pine Island intersection with two curb cuts along Pine Island Road
- Growing & Affluent Demographics - Positive population growth of over 14% is projected within a 5-mile radius of the property over the next 5 years
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Net Leases, Huge Traffic, Best Corner
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Restaurant, Storefront Retail/Office
TOTAL BUILDING SIZE
12000
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
126
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
06-44-24-C3-0100B.0020
