1712 Del Prado Blvd S - Freestanding FOR SALE


Cape Coral, FL 33990- Hancock
$2,385,594 USD
973-294-8249
1712 Del Prado Blvd S, Cape Coral, FL for Sale
$2,385,594 USD
Freestanding - FOR SALE
1/6
null | 7.15% Cap Rate

1712 Del Prado Blvd S
Cape Coral, FL 33990
Hancock


HIGHLIGHTS

  • Long Term Lease
  • Attractive Rent Increases
  • Minimal Landlord Responsibilities
  • Largest Medical-Only Market
  • Strategic Retail Location
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of a single tenant Green Dragon investment property located at 1712 Del Prado Boulevard in Cape Coral, Florida (the “Property”). Green Dragon is operating under a brand-new, 15-year lease that currently has over 14 years of firm term remaining and is followed by four (4), 5-year renewal option. The lease features attractive 2.5% rent increases annually through the remaining lease term and option periods. Green Dragon is situated in an excellent location on Del Prado Boulevard, the area’s primary retail corridor. Situated directly across the street from a Walmart Supercenter, the Property enjoys excellent frontage and visibility and surrounded by a large number of major national retailers that drive traffic to the area. The retail area is surrounded by dense residential neighborhoods that provide a built-in consumer base, and there are bus stops along Del Prado Boulevard that make the location more accessible.

FOR SALE DETAILS

PRICE

$2,385,594 USD

PRICE/SF

$616 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Green Dragon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

-

APN/PARCEL ID

30-44-24-C2-00699.0060

ASK ABOUT THIS PROPERTY

Michael TalbertHorvath & TremblayMore Info
973-294-8249

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Michael TalbertHorvath & TremblayMore Info
973-294-8249

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.