Lee & Associates I Naples-Fort Myers is pleased to present the exclusive sale listing at 2961 Placida Road in Englewood, Florida. The site is a fully leased, multi-tenant, retail strip center. The center sits at a critical well-traveled intersection with a stoplight at Placida and San Casa in Charlotte County. This offering is an excellent opportunity for an investment buy; perfect for the right investor looking for upside with rents being below market in a high traffic corridor near the water. The property consists of one building with 11 units nd 8 tenants.
It was updated in 2023-2024
Building Painted
New doors on some of the units
New lights and fixtures in front and back
the parking lot was redone with new parking curbs and resurfaced sidewalk.
JUST FINISHED - New Pylon sign and lighted signage on the building for each tenant
The property is zoned Commercial General or CG and sits on approximately 1.22 acres of land. The site did not flood, sits on higher ground and has a good tenant mix. Many of which have long term leases that increase in rent bringing your CAP rate well over 6 for a projected NOI.