LSI Companies is pleased to present this freestanding, vacant retail building located in Cape Coral, Florida.
This 2,220± Sq. Ft. building presents versatile opportunities under the commercial zoning, making it suitable for both end users and investors. The property is situated at the signalized northeast corner of Viscaya Parkway and Del Prado Boulevard South, benefiting from the substantial daily traffic on both roadways. It offers a diverse range of permitted uses, with additional options accessible through Permitted with Standards and Conditional Uses.
Since 2020, Cape Coral has been one of the fastest-growing cities in the United States. Cape Coral’s retail vacancy rate is approximately 1.7%, with a five-year average of 2.3%, and there is minimal new retail space currently in the pipeline. The area has experienced annual rent growth of 3.4%, with a five-year average of 4.4%.