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2517 Santa Barbara Boulevard - Midpoint Shops, Cape Coral, FL

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2517 Santa Barbara Boulevard - Midpoint Shops

Cape Coral, FL 33914-4495 - Cape Coral Submarket


Property Type:Retail Sub Type:- Status:Existing Year Built:2004
Building Size:10,000 SF Land Area:.61 AC (26,572 SF)
% Leased:
For Sale Price:$4,200,000 Price/SF:$420.00
Cap Rate:7.25 %
Smallest Space:1,000 SF Largest Space:1,000 SF Total Space Avail:1,000 SF Rent/SF/Yr:
$12.00
Parking:Free Surface spaces are available; Ratio of 4.88/1,000 SF
Features:Bus Line, Freeway Visibility, Pylon Sign, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,000 SF
$12.00/SF/Yr
Vacant
1-5 yrs
Retail
 
10942944


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,000 SF
$12.00/SF/Yr
Vacant
1-5 yrs
Retail
Located on the corner of Santa Barbara Blvd and Veterans Parkway

Sale Notes:
The Mid Pointe Shops built in 2004 is a neighborhood strip center with two free standing buildings occupied by Verizon and Kumo Japanese Restaurant as anchor tenants. Kumo is currently expanding into additional space occupying the balance of the 6000 sq. ft. unit. Both on long term leases.
The strip center consists of nine Retail/Office units of various sizes (1000-1500 sq. ft.) with a 95% occupancy rate. There is ample parking and excellent exposure to Santa Barbara Blvd. Tenants include Tan USA, Hair Salon, Insurance, US Postal Office SWFL Real Estate and more.
Located in the center of Cape Coral one parcel north of the hard (signalized)corner of Veterans Pkwy and Santa Barbara Blvd. This asset offers high density local housing and high traffic count Over 60,000 AADT near major retailers such as: McDonald's, Target, Publix, Lowe's, T-Mobile, Ruby Tuesday's and Walgreen's.

Commercial Realty Associates of Southwest Florida
Ronald J Welebny, CCIM
(239) 671-6574

  
Rossman Realty Group
Robert M DeRupo
(239) 542-2084


Midpoint Shops
  
Rossman Realty Group


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