1509 SW Pine Island Rd - Storefront FOR SALE


Cape Coral, FL 33991- Mariner
$4,200,000 USD
813-434-8278
1509 SW Pine Island Rd, Cape Coral, FL for Sale
$4,200,000 USD
Storefront - FOR SALE
1/12
null | 5% Cap Rate

1509 SW Pine Island Rd
Cape Coral, FL 33991
Mariner


HIGHLIGHTS

  • Brand New 12 Year Lease | Scheduled Rental Increases |Corporate Signed Lease | Well-Known & Established Brand
  • Absolute NNN | Fee Simple Ownership | No State Income Tax |Zero Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Part of Larger Retail Development | Dense Residential Trade Area | Nearby Development | Strong Placer.ai Data
  • Coral Grove | 131 Acre New Towne Center | Premier Cape Coral Destination
  • Demographics & 5-Mile Trade Area | Annual Population Growth | Six-Figure Incomes

OVERVIEW

• The tenant signed a brand new 12-year lease with 4 (5-year) option periods to extend, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation • The lease is signed by the corporate entity • Founded in 1997, Heartland Dental is the nation’s largest dental support organization with over 1,800 offices and 3,000 doctors

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$1,000 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental - Cape Coral FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

Commercial

APN/PARCEL ID

15-44-23-C4-10000.0030

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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William WambleSRS Real Estate PartnersMore Info
813-434-8278

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.