Property Listing No Longer Available for Sale

4515 and 4519-4527 DEL PRADO BLVD S

Cape Coral, FL

Shopping Center for Sale - $2,000,000 - 23,800 Sq. Ft. on 1.05 acres


Property Info

CIMLS#966903
Location
  4515 and 4519-4527 DEL PRADO BLVD S
  Cape Coral FL 33904
UpdatedFebruary 15th, 2018
TypeShopping Center
Price$2,000,000
Building23,800 Sq. Ft.
Land1.05 acres

Property Description

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.

Leases to be verified by buyer

Location Description:

The property is ideally located just north of the Cape Coral Parkway and Del Prado Boulevard intersection on the east side of Del Prado Blvd, between SE 46th St and SE 44th St. .

Highlights:

>> 100% Leased

>> Growing Community, 12.8% expected over the next 5 years

>> Populated Area Over 62,000 Within 5 Mile Radius

>> High Visibility on Major thoroughfare

>> Cap Rate Approximately 7.84% with Opportunity for Increase

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Financials