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Goodwill 1499 SW Pine Island Rd

20,000 SF Retail Building Cape Coral, FL 33991 $6,500,000 ($325/SF) 6.46% Cap Rate

Investment Highlights

  • Goodwill SWFL is one of the strongest Regional brands in Florida with over $50 million in annual revenue and growing every year.
  • The property is situated on the highly sought after retail corridor of Pine Island Rd with ample frontage and visibility.
  • New tenants include: 76 Gas Station, USPS, Take 5 Oil Change, Aldi, ABC Liquor, and a 55,000 SF grocer named Farmer Joes.
  • Goodwill continues to see consistent growth with 38 Retail & Donation Centers currently and expectations to have over 45 in the next two years.
  • All corners of the Pine Island & Chiquita intersection are experiencing significant retail development
  • Goodwill is committed to financial transparency at which you can view on Guidestar.org

Executive Summary

Call for details great investment opportunity

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,000 SF
Building Class
B
Year Built
2024
Price
$6,500,000
Price Per SF
$325
Cap Rate
6.46%
NOI
$420,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.73 AC
Zoning
CCC

Nearby Major Retailers

ALDI
Bob Evans Restaurants
Bonefish Grill
Carrabba's Italian Grill
Hurricane Grill & Wings
Sonny"s Real Pit Bar B-Q

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-44-23-C4-10000.0020
Land Assessment
$1,512,450
Improvements Assessment
$0
Total Assessment
$1,512,450
  • Listing ID: 31456458

  • Date on Market: 4/9/2024

  • Last Updated:

  • Address: 1499 SW Pine Island Rd, Cape Coral, FL 33991

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