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601 Del Prado Blvd N
Cape Coral, FL 33909

Fully Leased Retail Center · Retail Property For Sale

Investment Highlights

  • Fully occupied retail building with an excellent tenant mix and a value-add potential to negotiate rents closer to market rate on short-term leases.
  • Well-kept ±18,610 SF retail building with great curb appeal, excellent monument signage, ample parking, and a new membrane roof in 2016.
  • Highly visible to over 17,000 VPD along Del Prado Boulevard, a quarter mile south of Pine Island Road (SR-78), and close to Fort Myers and Cape Coral.
  • Cape Coral is the 8th largest city in Florida, with a population of 147,538 within a five-mile radius and five-year projected growth of 2.8%.
  • Situated in an opportunity zone, investors can benefit from various incentives in addition to Florida’s low regulations and zero state income tax.
  • Exceptionally positioned near national retailers, including Target, Walmart, Lowe’s, and Walgreens.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
18,610 SF
Building Class
C
Year Built
2002
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
14’
Building FAR
0.27
Lot Size
1.56 AC
Zoning
C-I COMMERCIAL
Parking
100 Spaces (5.37 Spaces per 1,000 SF Leased)
Frontage
346 FT on Del Prado Boulevard North

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-44-24-C1-01547.0010
Land Assessment
$681,440
Improvements Assessment
$2,987,290
Total Assessment
$3,784,316
  • Listing ID: 26356636

  • Date on Market: 8/8/2022

  • Last Updated:

  • Address: 601 Del Prado Blvd N, Cape Coral, FL 33909

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