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Coral Commons 101-111 Del Prado Blvd N

29,886 SF 100% Leased Retail Building Cape Coral, FL 33909 $6,300,000 ($211/SF) 6.14% Cap Rate

Retail Space Florida Cape Coral 101-111 Del Prado Blvd N, Cape Coral, FL 33909

Investment Highlights

  • Coral Commons is fully occupied and leased, offering investors a stable income stream and minimal vacancy risks in this highly sought-after location.
  • 2.13 acres of land, this site offers ample parking space for both tenants and customers, ensuring convenience and accessibility.
  • Metro is one of the fastest growing metro markets in the U.S as the population in Cape Coral is forecasted to double in the next 20 years.
  • Average price per square foot of $13.53, this site presents a value-add opportunity for buyers to increase rents to market rates.
  • Situated off Del Prado Blvd, one of Cape Coral’s busiest and most thriving roads, this site benefits from high visibility and significant traffic flow

Executive Summary

Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
29,886 SF
Building Class
C
Year Built
2004
Price
$6,300,000
Price Per SF
$211
Cap Rate
6.14%
NOI
$386,820
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
14’
Building FAR
0.32
Lot Size
2.13 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C1-D - Neighborhood Commercial
Parking
127 Spaces (4.25 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Pylon Sign

Links

1 of 1

Nearby Major Retailers

Suncoast Credit Union
Synovus Bank
Anytime Fitness
First Horizon Bank
Blimpie
Outback Steakhouse
First Watch
Mission BBQ
Burn Boot Camp
Chili's Grill & Bar

PROPERTY TAXES

Parcel Number 08-44-24-C4-01502.0270 Improvements Assessment $0
Land Assessment $0 Total Assessment $1,955,878

PROPERTY TAXES

Parcel Number
08-44-24-C4-01502.0270
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,955,878
(813) 600-5908

Contacts

  • Listing ID: 33924256

  • Date on Market: 11/19/2024

  • Last Updated:

  • Address: 101-111 Del Prado Blvd N, Cape Coral, FL 33909

More public record information on 101-111 Del Prado Blvd N, Cape Coral, FL 33909

The Retail Property at 101-111 Del Prado Blvd N, Cape Coral, FL 33909 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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Coral Commons | 101-111 Del Prado Blvd N
(813) 600-5908 x

Coral Commons | 101-111 Del Prado Blvd N

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Aiden Hawkins

(813) 600-5908

(813) 600-5908

Jake Lurie

(813) 488-0853

(813) 488-0853

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