2354 Surfside Blvd - Storefront FOR SALE


Cape Coral, FL 33991- Trafalgar
$12,900,000 USD
239-280-6428
2354 Surfside Blvd, Cape Coral, FL for Sale
$12,900,000 USD
Storefront - FOR SALE
1/18
null | Request Cap Rate

2354 Surfside Blvd
Cape Coral, FL 33991
Trafalgar


HIGHLIGHTS

  • 100% Leased with long term leases and well known tenants
  • 117,566 square feet on 8.26 acres
  • 463 parking spaces provide one of the best parking ratios in the area.
  • Strategic location at intersection of Veterans Pkwy and Surfside Blvd.
  • Cape Coral market is a growing market, with expected growth of close to 20% by 2029

OVERVIEW

Investment Highlights -Built in 2007 suitable for multiple commercial functions. -117,566 square feet on 8.26 acres -100% Leased: Fully occupied with long-term tenants, producing stabilized cash flow and limited near-term rollover risk. -463 parking spaces provide one of the best parking ratios in the area. -Prime Surfside Boulevard Location: Positioned on a primary commercial corridor with strong visibility and access. -Demographic Tailwinds: The surrounding area is experiencing robust population growth (projected 20% from 2024–2029) with solid household incomes (median $68,000–$76,000 within the 5-mile radius) and expanding household bases that support retail demand. -Population Growth: Cape Coral’s citywide population exceeds 230,000 and continues to grow year-over-year, with rising median household income and residential demand underpinning commercial activity. -Traffic Exposure: Surfside Boulevard commands significant traffic volumes, contributing to strong daily exposure and drive-by visibility for tenants at intersection of Veterans Pkwy and Surfside Blvd. Surfside Boulevard functions as a primary east-west connector in Cape Coral with consistently high daily vehicle usage relative to local residential streets and strong commuter flow in both peak and off-peak hours. Demographics: Population: 130,051 Households: 50,939 Median Household Income: $68,170 Projected Population Growth: 19.1% Estimated Cape Coral population: 233,000+ and increasing. Median household income: $76,000+ with recent growth. This positioning provides investors with a stabilized, fully leased asset in a market backed by strong demographic and traffic fundamentals—making 2342-2354 Surfside Boulevard a compelling addition to any commercial real estate portfolio.

FOR SALE DETAILS

PRICE

$12,900,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops at Surfside

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

463

LAND DETAILS

LAND ACRES

8.26 AC

LAND SF

359,806 SF

ZONING

C-1

APN/PARCEL ID

29-44-23-C3-11000.0A20

ASK ABOUT THIS PROPERTY

Antonio BrownAlfred Robbins Realty GroupMore Info
239-280-6428

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Antonio BrownAlfred Robbins Realty GroupMore Info
239-280-6428

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