Log In/Sign Up
Your email has been sent.
1628 Del Prado Blvd S 3,297 SF Retail Building Cape Coral, FL 33990 $3,689,982 CAD ($1,119.19 CAD/SF) 7.25% Cap Rate
Executive Summary
Vero Capital Group is pleased to present the exclusive sale of a single-tenant Sunburn Cannibals located at 1628 Del Prado Boulevard, Cape Coral, Florida.
Sunburn operates under a newly executed 15-year lease, with more than 12 years of firm term remaining, plus four (1) additional five-year renewal options. The lease includes annual 3% rent increases throughout the base term and all option periods. The property sits on Del Prado Boulevard, Cape Coral’s primary retail corridor, directly across from a Walmart Supercenter. It offers strong frontage, excellent visibility, and benefits from the draw of numerous national retailers in the immediate area. Dense surrounding residential neighborhoods provide a steady consumer base, and nearby bus stops enhance accessibility for shoppers.
Sunburn operates under a newly executed 15-year lease, with more than 12 years of firm term remaining, plus four (1) additional five-year renewal options. The lease includes annual 3% rent increases throughout the base term and all option periods. The property sits on Del Prado Boulevard, Cape Coral’s primary retail corridor, directly across from a Walmart Supercenter. It offers strong frontage, excellent visibility, and benefits from the draw of numerous national retailers in the immediate area. Dense surrounding residential neighborhoods provide a steady consumer base, and nearby bus stops enhance accessibility for shoppers.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,297 SF
Building Class
B
Year Built
1990
Price
$3,689,982 CAD
Price Per SF
$1,119.19 CAD
Cap Rate
7.25%
NOI
$267,524 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.49 AC
Zoning
Commercial - Cape Coral Zoning District - C
Parking
18 Spaces (5.46 Spaces per 1,000 SF Leased)
Frontage
45’ on Del Prado Blvd
Amenities
- Bus Line
- Pylon Sign
- Signage
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-44-24-C2-00697.0030 | Improvements Assessment | $713,970 CAD |
| Land Assessment | $436,288 CAD | Total Assessment | $1,203,457 CAD |
Property Taxes
Parcel Number
30-44-24-C2-00697.0030
Land Assessment
$436,288 CAD
Improvements Assessment
$713,970 CAD
Total Assessment
$1,203,457 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1628 Del Prado Blvd S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.