2615 Santa Barbara BlvdCape Coral, FL 33914

Property Details for 2615 Santa Barbara Blvd

Year built

2022

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.77 AC

Property size (Sq ft)

24,615 SF

Zone code

C

Property type

Grocery and convenience stores

APN

36-44-23-C1-02000.0020

APU

364423C1020000020

Description

This exceptional 7,922-square-foot retail space presents a unique sublease opportunity in the thriving city of Cape Coral, Florida. Located at 2615 Santa Barbara Boulevard, this single-tenant property enjoys a highly visible position at the intersection of Veterans Parkway and Santa Barbara Boulevard, one of Cape Coral's most prominent and established retail areas. The space is currently vacant and ready for immediate occupancy, offering a blank canvas for a wide range of retail businesses. The property's prime location ensures high foot traffic and excellent visibility, making it an ideal opportunity for businesses seeking a strong presence in a bustling commercial district. The building's total square footage is 7,922 square feet, providing ample space for a variety of retail concepts. This sublease offers a chance to establish a business in a high-demand area with significant potential for growth and success. The address is easily accessible, offering convenient access for customers and employees alike. This is a rare opportunity to secure a well-located retail space in a rapidly growing market. The property is situated in a well-established retail corridor, ensuring a strong customer base and high visibility. Don't miss this chance to capitalize on this prime retail location in Cape Coral, Florida. The zip code for this property is 33914. The property is categorized as commercial retail.

• CAP approach

  CAP return

  Valuation

  6%

  $9,598,187

  6.5%

  $8,859,864

  7%

  $8,227,017

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,443,773

  Geo Method

  $11,328,502

• Alternative Use

  Use

  Valuation

  Residential

  $7,473,627

  Hospitality

  $6,845,802

  Educational

  $5,695,627

  Medical

  $5,891,508

  Retail

  $8,859,864

Location Insight

City

Cape Coral

County

Lee

State

Florida

Latitude

26.6031

Longitude

-81.9732

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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