1509 SW Pine Island Rd - Freestanding 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
Freestanding - FOR SALE
1/12
null | 5% Cap Rate

1509 SW Pine Island Rd
Cape Coral, FL 33991
Mariner


HIGHLIGHTS

  • Brand new 12-year corporate-guaranteed lease with Heartland Dental.
  • Absolute NNN lease with zero landlord responsibilities.
  • 10% rental increases every 5 years and in each renewal option.
  • Coral Grove | 131 Acre New Towne Center | Premier Cape Coral Destination
  • Part of a larger retail development with ALDI and Walmart nearby.
  • Located at a high-traffic signalized intersection in Cape Coral.

OVERVIEW

This newly constructed single-tenant retail asset presents a rare opportunity to acquire a management-free investment in the heart of Cape Coral’s booming retail corridor. Located at the signalized intersection of Pine Island Road and Chiquita Boulevard, the property benefits from exceptional visibility with traffic counts exceeding 73,500 vehicles per day. The site is part of a larger retail development anchored by ALDI, ABC Fine Wine & Spirits, and Goodwill, and sits just east of a high-performing Walmart Neighborhood Market. The tenant, Heartland Dental, has signed a 12-year absolute NNN lease commencing September 2025, backed by a corporate guaranty. The lease includes 10% rental increases every five years and four 5-year renewal options, offering built-in income growth and inflation protection. Heartland Dental is the nation’s largest dental support organization, operating over 1,880 locations nationwide.

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

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

PD

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.