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Résumé de l'annonce
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.
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 corridor.
Property Overview:
This prime 2.511-acre commercial property is strategically located on Pine Island Road, one of the region’s key commercial corridors. The property enjoys Right and Left turn access from Pine Island Rd. The site features two freestanding industrial buildings totaling approximately 36,000 square feet — one measuring 16,000 SF and the other 20,000 SF — offering a versatile footprint for a wide range of commercial operations.
Zoning & Use:
The property benefits from Corridor zoning, which allows for a diverse mix of high-demand uses including:
• Office
• Retail
• Automotive dealerships
• Financial institutions
• Light manufacturing
• Warehousing
This flexible zoning enhances both immediate usability and long-term redevelopment potential.
Property Highlights:
• Acreage: 2.511 acres
• Building Sizes: 16,000 SF + 20,000 SF
• Year Built: 1983
• Recent Upgrades (2024–2025):
o New roofs and skylights
o Ceiling insulation
o Installation of 165 mph-rated overhead doors
These significant capital improvements reduce near-term maintenance costs and increase tenant appeal.
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 corridor.
Property Overview:
This prime 2.511-acre commercial property is strategically located on Pine Island Road, one of the region’s key commercial corridors. The property enjoys Right and Left turn access from Pine Island Rd. The site features two freestanding industrial buildings totaling approximately 36,000 square feet — one measuring 16,000 SF and the other 20,000 SF — offering a versatile footprint for a wide range of commercial operations.
Zoning & Use:
The property benefits from Corridor zoning, which allows for a diverse mix of high-demand uses including:
• Office
• Retail
• Automotive dealerships
• Financial institutions
• Light manufacturing
• Warehousing
This flexible zoning enhances both immediate usability and long-term redevelopment potential.
Property Highlights:
• Acreage: 2.511 acres
• Building Sizes: 16,000 SF + 20,000 SF
• Year Built: 1983
• Recent Upgrades (2024–2025):
o New roofs and skylights
o Ceiling insulation
o Installation of 165 mph-rated overhead doors
These significant capital improvements reduce near-term maintenance costs and increase tenant appeal.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
| Prix | 8 199 933 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 227,78 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 6,78% | Taille totale du bâtiment | 36 000 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 5,02 AC |
| Statut | Actif |
| Prix | 8 199 933 $ CAD |
| Prix/pi² | 227,78 $ CAD / pi² |
| Taux de capitalisation | 6,78% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 36 000 pi² |
| Superficie totale du terrain | 5,02 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Gordon Anthony Retail
1202-1 NE Pine Island Rd, Cape Coral, FL 33909 |
Commerce de détail | 18 400 pi² | 1983 | - |
|
Bldg-2
1202-2 NE Pine Island Rd, Cape Coral, FL 33909 |
Industriel | 17 600 pi² | 1983 | - |
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