For Sale
$310,999

1404 Del Prado Blvd Cape Coral, FL 33990

Cape Coral Retail Space - 7.3% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional retail investment opportunity is located at 1404 Del Prado Blvd S in Cape Coral, Florida, 33990. The property boasts 670 square feet of space and is offered at an asking price of $310,999, representing a compelling 7.30% capitalization rate. This is an absolute NNN lease, minimizing landlord responsibilities. The property benefits from a highly visible location along one of Cape Coral's main thoroughfares, Del Prado Boulevard, which sees a daily traffic count of 44,500 vehicles. Its strategic position just north of Veterans Memorial Parkway ensures excellent exposure and accessibility. The property is zoned C-1 by the City of Cape Coral, offering flexibility for a variety of retail uses. Ample parking is available for customers and employees, enhancing the convenience and appeal of the location. The property also benefits from strong neighboring tenants, creating a vibrant and successful retail environment. This is a rare opportunity to acquire a well-located, high-performing retail property in a thriving market. The property's size, location, and strong financial performance make it an ideal addition to any investment portfolio. Don't miss this chance to own a piece of Cape Coral's bustling retail scene.

Highlights

  • Prominent Cape Coral location, just north of Veterans Memorial Parkway.
  • Excellent visibility on Del Prado Blvd, a major Cape Coral artery with 44,500 vehicles daily.
  • C-1 zoning, City of Cape Coral.
  • Ample on-site parking.
  • Strong neighboring tenants.
  • 670 SF retail space; $310,999 asking price; 7.30% cap rate; NNN lease.

Property Details for 1404 Del Prado Blvd

Property type
Retail properties
Square Feet
670 SF

Location Insight

City
Cape Coral
County
Lee
State
Florida
Latitude
26.6262482
Longitude
-81.9421439

FAQs

What type of property is this?
Retail property - Cape Coral Retail Space - 7.3% Cap Rate
Where is the retail property located?
The property is located at 1404 Del Prado Blvd Cape Coral, FL.
What is the asking price?
The asking price for this property is $310,999.
What are key features of this property?
This property features: Prominent Cape Coral location, just north of Veterans Memorial Parkway.; Excellent visibility on Del Prado Blvd, a major Cape Coral artery with 44,500 vehicles daily.; C-1 zoning, City of Cape Coral.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1404 Del Prado Blvd
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