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Coral Pine Business Center 2 Flex Properties Offered at $8,612,415 CAD in Cape Coral, FL
Investment Highlights
- This prime 2.25-acre commercial property is strategically located on Pine Island Road, one of the region’s key commercial corridors.
- Value-add opportunity with under market short-term leases.
- The property benefits from Corridor zoning, which allows for a diverse mix of high-demand uses.
Executive Summary
This offering presents a value-add opportunity with current tenants on short-term, below-market leases. Investors have the potential to significantly increase NOI by repositioning the leases to market rates or repurposing the space for higher-yielding uses allowed under the flexible zoning. Two Buildings for a total of 36,000 S/F
With its excellent location, strong physical fundamentals, and significant recent capital improvements, this Pine Island Road asset is well-positioned for an investor seeking income growth, redevelopment potential, or a long-term hold in a high-demand commercial corridor.
With its excellent location, strong physical fundamentals, and significant recent capital improvements, this Pine Island Road asset is well-positioned for an investor seeking income growth, redevelopment potential, or a long-term hold in a high-demand commercial corridor.
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Property Facts
| Price | $8,612,415 CAD | Number of Properties | 2 |
| Price / SF | $239.23 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 36,000 SF |
| Status | Active | Total Land Area | 2.24 AC |
| Price | $8,612,415 CAD |
| Price / SF | $239.23 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 36,000 SF |
| Total Land Area | 2.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bldg-1
1056 NE Pine Island Rd, Cape Coral, FL 33909 |
Flex | 20,000 SF | 1981 | - |
|
Bldg-2
1056 NE Pine Island Rd, Cape Coral, FL 33909 |
Flex | 16,000 SF | 1981 | - |
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Coral Pine Business Center
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