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2708 Santa Barbara Boulevard - The Towers - The Towers Plaza II, Cape Coral, FL

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2708 Santa Barbara Boulevard - The Towers - The Towers Plaza II

Cape Coral, FL 33914 - Cape Coral Submarket


Property Type:Retail Sub Type:- Status:Existing Year Built:2010
Building Size:48,625 SF Land Area:3.6 AC (156,598 SF)
Smallest Space:949 SF Largest Space:1,188 SF Total Space Avail:6,185 SF Rent/SF/Yr:
$25.00
Parking:Free Surface spaces are available; Ratio of 3.9/1,000 SF
Features:Bus Line


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,071 SF
$25.00/SF/Yr
Vacant
1-3 yrs
Retail
 1st
1,188 SF
$25.00/SF/Yr
Vacant
1-3 yrs
Retail
 1st
949 SF
$25.00/SF/Yr
Vacant
1-3 yrs
Retail
 1st
949 SF
$25.00/SF/Yr
Vacant
1-3 yrs
Retail
 1st
949 SF
$25.00/SF/Yr
Vacant
1-3 yrs
Retail
 1st
1,079 SF
$25.00/SF/Yr
Vacant
1-3 yrs
Retail
 
8192513
8913398
8913454
8913453
8913448
8913444
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,071 SF
$25.00/SF/Yr
Vacant
1-3 yrs
Retail
1st
1,188 SF
$25.00/SF/Yr
Vacant
1-3 yrs
Retail
1st
949 SF
$25.00/SF/Yr
Vacant
1-3 yrs
Retail
1st
949 SF
$25.00/SF/Yr
Vacant
1-3 yrs
Retail
1st
949 SF
$25.00/SF/Yr
Vacant
1-3 yrs
Retail
1st
1,079 SF
$25.00/SF/Yr
Vacant
1-3 yrs
Retail

Sale Notes:
This premier site is located at the busiest commercial intersection in the center of Cape Coral (Veterans Pkwy and Santa Barbara Blvd) and will continue to benefit from the City’s strong growth forecast (current population of 175,000), as a top-rated residential destination by both Forbes and Bankrate. Towers II also benefits from traffic generated by Target, Publix Supermarkets and Lowe’s that are also located near the same intersection.
Towers II has a strong mix of nationally-recognized tenants, including Sears Hometown Store (recently designated as an Elite Premier Store for its superior performance), State Farm Insurance, Anytime Fitness (ranked as a top ten global franchise in 2015 & 2016), Metro PCS and Zoom Tan, complemented by several popular local retailers, with the added benefit of shared parking with the Towers I complex.
With a current occupancy of 91%, Towers II has upside potential from vacancy leasing, rent escalations within current leases and rising market rent trends, as forecast by JLL (a widely-recognized global strategist for commercial real estate). JLL has indicated that the greater Fort Myers area is in the early stages of a rising Retail Market - see attached JLL market analysis.
Financials, rent roll and additional documentation are available to qualified buyers upon execution of a confidentiality agreement.
Please direct all inquiries to Gary King, RE Services of SWFL, LLC.
Gary King GRKservices@gmail.com 239-989-2288 (mobile at any time)



Hinks & Associates
Nancy Hinks
(239) 242-8734



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