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Midpoint Professional Plaza 2534 SE Santa Barbara Pl

8,909 SF 100% Leased Office Building Cape Coral, FL 33904 $2,500,000 ($281/SF) 4.52% Cap Rate

Medical Offices Florida Cape Coral 2534 SE Santa Barbara Pl, Cape Coral, FL 33904

Investment Highlights

  • Excellent visibility directly on Veterans: benefits from high traffic exposure
  • Value add opportunity: Potential upside in revenue by adjusting leases as they renew
  • Great tenant mix: Professional and medical office users
  • Recent capital improvements: New roof and parking lot reseal and re-stripe
  • Opportunity for value add by charging for full property square feet

Executive Summary

Well maintained two story professional office building located in Cape Coral. The property is fully leased by multiple tenants, offering a table income investment opportunity. The property is 100% leased and has many value-add opportunities.

Attachments

2534 Santa Barbara PL OM

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,909 SF
Building Class
B
Year Built
2008
Price
$2,500,000
Price Per SF
$281
Cap Rate
4.52%
NOI
$113,069
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,455 SF
Slab To Slab
12’
Building FAR
0.44
Lot Size
0.46 AC
Zoning
C-1
Parking
28 Spaces (3.14 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
1 of 1

PROPERTY TAXES

Parcel Number 36-44-23-C1-00555.0210 Improvements Assessment $0
Land Assessment $0 Total Assessment $1,731,862

PROPERTY TAXES

Parcel Number
36-44-23-C1-00555.0210
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,731,862
(239) 489-3600

Contact

  • Listing ID: 33791762

  • Date on Market: 11/7/2024

  • Last Updated:

  • Address: 2534 SE Santa Barbara Pl, Cape Coral, FL 33904

More public record information on 2534 SE Santa Barbara Pl, Cape Coral, FL 33904

The Office Property at 2534 SE Santa Barbara Pl, Cape Coral, FL 33904 is currently available for sale. Contact Cushman & Wakefield |Commercial Property Southwest for more information.

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2534 SE Santa Barbara Pl, Cape Coral, FL for sale Building Photo- Image 1 of 11
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Midpoint Professional Plaza | 2534 SE Santa Barbara Pl
(239) 489-3600 x

Midpoint Professional Plaza | 2534 SE Santa Barbara Pl

Shawn Stoneburner

(239) 489-3600

(239) 489-3600

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