701-721 Bald Eagle Dr - Freestanding FOR SALE


Marco Island, FL 34145- City of Marco
$10,065,436 USD
239-230-2184
701-721 Bald Eagle Dr, Marco Island, FL for Sale
$10,065,436 USD
Freestanding - FOR SALE
1/4
null | 6% Cap Rate

701-721 Bald Eagle Dr
Marco Island, FL 34145
City of Marco


HIGHLIGHTS

  • Prime location in the heart of Marco Island's primary commercial corridor
  • Diverse mix of established retail, restaurant, and service-oriented tenants
  • Historically high occupancy with strong in-place income
  • High-barrier-to-entry market with limited commercial development opportunities
  • Affluent demographics supported by year-round residents and seasonal visitors
  • Value-add potential through rent growth, lease rollover, and future redevelopment opportunities

OVERVIEW

Pelican Plaza is a 24,570± SF neighborhood shopping center situated on 2.15± acres in the heart of Marco Island, one of Southwest Florida's most affluent and supply-constrained retail markets. Strategically positioned along Bald Eagle Drive near the intersection of Collier Boulevard, the property benefits from excellent visibility, strong traffic counts, and a diverse mix of established local and regional tenants. The center features 153 shared parking spaces, approximately 375 feet of frontage, and a tenant roster that includes restaurants, service providers, specialty retailers, and marine-related businesses. Supported by affluent demographics, a thriving tourism economy, and significant barriers to new commercial development, Pelican Plaza presents a rare opportunity to acquire an income-producing retail asset with long-term upside in a highly desirable coastal market.

FOR SALE DETAILS

PRICE

$10,065,436 USD

PRICE/SF

$370 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail Investment Opportunity on Marco Island

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

158

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

C-4

APN/PARCEL ID

57040320007

ASK ABOUT THIS PROPERTY

Biagio BernardoLee & Associates Commercial Real Estate ServicesMore Info
239-230-2184

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Biagio BernardoLee & Associates Commercial Real Estate ServicesMore Info
239-230-2184

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