Strip Center / Retail Space For Sale In Cape Coral, FL - 7.8% CAP Rate - High Return! $2,000,000
C7226908
Great Investment Opportunity!! Find 23,800 square feet of well-maintained commercial space in this strip center, which is currently 100% leased, with current tenants including a mix of mostly retail with some office and storage/warehouse. The plaza sees a traffic count of approximately 30,000 cars per day on average, and has a CAP rate of approximately 7.84%, with an opportunity to increase, as most rents are currently below market value. Cape Coral is a growing community, with new businesses locating to Lee County daily. Take advantage of this ever-increasing real estate proposition in Southwest Florida, with an incredible value found in this investment.
Interior Features
Building Area Total: 23800
External Features
Lot Features: In City Limits, Shopping Center, Street Paved
Lot Size Square Feet: 46159
Public Survey Range: 24
Public Survey Section: 07
Road Frontage Ft: 280
Road Frontage Type: Country Road
Total Acreage: One + to Two Acres
Transportation Access: Airport, City, County, Frontage
Water Access: no
Water Extras: no
Water View: no
Waterfront: no
Location Information
Adjoining Property: Commercial
Country: US
Parcel Number: 074524C3003960230
Township: 45
Zoning: SC
