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Investment Highlights

  • All Masonry Construction: Concrete block construction allows for efficient demising, reconfiguration, and future tenant build-outs
  • Tenant-Responsible HVAC: HVAC maintenance and replacement are the responsibility of tenants, reducing landlord expense exposure
  • Efficient Retail Configuration: Well-suited for small- and mid-bay tenants, supporting strong leasing velocity and long-term tenant retention
  • Recently Replaced Roof: Roof replaced approximately 2 years ago, minimizing near-term capital expenditures and providing long-term durability
  • Grocery-Anchored by Key Food: Necessity-based anchor ranked in the 100th percentile nationally, driving exceptional daily traffic
  • Well-Maintained Asset: Pride of ownership is evident throughout, positioning the property as a true core neighborhood retail investment

Executive Summary

Kyle Matthews
License # CQ1066435, BK3554632 (FL)
Matthews Real Estate Investment Services, LLC
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
47,377 SF
Building Class
B
Year Built
2009
Price
$20,407,650 CAD
Price Per SF
$430.75 CAD
Cap Rate
5.94%
NOI
$1,212,214 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Amigos Auto Insurance
  • -
  • -
  • -
  • -
  • -
  • Diamond Spa & Nails
  • Services
  • -
  • -
  • -
  • -
  • Accommodation and Food Services
  • -
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -
  • Apr 2023

Originally opened in 1976, Educators Music is the FIRST & oldest music store in Southwest Florida, as well as the winner of numerous awards and accolades, including the Best of Southwest Florida award for best music store in the area. With their reputation for quality customer service and knowledgeable product support, they have served generations of musicians and music students and are the first stop for both beginning players and working professionals for over three decades. They expanded from our original location in 2009 and then again in 2012 to a brand new building with expanded sales, lesson and service areas, increasing their service to a greater local area and a growing online customer base. Still family-owned and located in Cape Coral, their are easily accessible from anywhere in Southwest Florida and just a click or phone call away from their national and international customers!

  • Manufacturing
  • -
  • -
  • -
  • Oct 2021

Happy Sun Ice Cream is not your everyday ice cream shop – They pride ourselves on the quality of their products and the environment they have created for families. The reason why our ice cream, popsicles, juices, and specialties taste so great is because everything they serve is homemade with all-natural premium ingredients. It’s not surprising that their staff enjoys seeing customers again and again. At Happy Sun Ice Cream Shop, they believe that creative combinations, consistently fresh, and high-quality ingredients are the key to making their ice cream, popsicles, and specialties, so delicious. While great ice creams are available at grocery stores, sometimes a pint from the freezer aisle just won’t cut it! As one of the most popular indulgences, ice cream lovers appreciate innovation as much as they enjoy sticking to the classics; for that reason, since opening in 2009

  • Retailer
  • -
  • -
  • -
  • Jan 2030

Key Food Stores Co-op began in 1937 as a cooperative of independently owned supermarkets in Brooklyn, New York. The company now operates as a grocery retailer with departments that include meat and seafood, recipes, digital coupons, loyalty features, and online ordering for pickup and delivery. Key Food’s store network is shown across the Northeast and Florida, reflecting a broad market presence built around everyday grocery shopping and related household essentials.

  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
  • Jan 2021

Martial Arts University simply offers the most comprehensive and complete martial arts systems – incorporating the attributes of the world’s most recognized combat concepts, and dedicated to teaching Awareness, Mind-Body Fitness, and the development of defensive strategies and techniques that best suit an individual.

  • Pony Express Inc
  • Administrative and Support Services
  • -
  • -
  • Triple Net
  • Aug 2014
  • Shave Barber Shop
  • Services
  • -
  • -
  • -
  • Apr 2014

Shave Barbershop | The Best Barbershop in Cape Coral FL. Our Services Include: Barber Shop, Haircuts, Scissor Cuts, Men's Grooming, Mens Fade, Barbershop, Skin Fade, Straight Razor Shave, Mens Haircuts, Hot Shaves and Best Fade Haircut. Book Your Appointment Today!

  • Retailer
  • -
  • -
  • -
  • May 2017

Tio Jewelers is a full service Jewelry boutique located in sunny Cape Coral. We specialize in Miami Cuban Links, Luxury watches, Rings, and Necklaces.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Amigos Auto Insurance - - - - -
Diamond Spa & Nails Services - - - -
Accommodation and Food Services - - - -
Retailer - - - Apr 2023
Manufacturing - - - Oct 2021
Retailer - - - Jan 2030
Arts, Entertainment, and Recreation - - - Jan 2021
Pony Express Inc Administrative and Support Services - - Triple Net Aug 2014
Shave Barber Shop Services - - - Apr 2014
Retailer - - - May 2017
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

CrossFit
Publix
Fifth Third Bank
Bank OZK
Rib City
Buffalo Wild Wings
Walmart Neighborhood Market

Property Taxes

Property Taxes

Parcel Number
12-44-23-C4-01080.0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,641,131 CAD
  • Listing ID: 40367251

  • Date on Market: 2026-05-01

  • Last Updated:

  • Address: 110 NE 2nd Pl, Cape Coral, FL 33909

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