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928 NE Pine Island Rd 3,900 SF 100% Leased Retail Building Cape Coral, FL 33909 $5,118,056 CAD ($1,312.32 CAD/SF) 5.89% Cap Rate
Investment Highlights
- 2026 new contruction with drive thru (Cali Coffee)
- Renewal options with strong rental escalations
- Fully leased to national tenants with long term leases
- NNN lease
Executive Summary
Available for sale: Newly constructed 3,900 SF freestanding building with drive thru. This two-tenant retail investment property is located at 928-932 NE Pine Island Road, in Cape Coral, Florida. It is strategically situated at the signalized intersection of Pine Island Road and Andalusia Boulevard, with a 53,500 Annual Average Daily Traffic count (AADT). The property was completed in 2026, and is 100% leased to RISE and Cali Coffee under long-term NNN leases.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,900 SF
Building Class
B
Year Built
2025
Price
$5,118,056 CAD
Price Per SF
$1,312.32 CAD
Cap Rate
5.89%
NOI
$301,266 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
CC - Commercial
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Monument Signage
- Air Conditioning
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Cali Coffee
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
- Rise
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Cali Coffee | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - | |
| Rise | Retailer | 99,999 SF | - | Lorem Ipsum | - |
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-44-24-C4-007M0.0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,044,767 CAD |
Property Taxes
Parcel Number
07-44-24-C4-007M0.0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,044,767 CAD
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928 NE Pine Island Rd
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