Catylist ID: #30326951
Santa Barbara Plaza
Shopping Center for Sale
|Catylist Listing ID:||30326951|
|Property Subtypes:||Strip Center|
|Building Size (RSF):||21,000 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$141.90 PSF|
|Property Use Type:||Net Leased Investment (NNN), Investment|
|Sale Terms:||Cash to Seller|
Overview / Comments
The subject property is a bustling turnkey strip-center, consisting of 17 units in two separate buildings with a total of 21,000 s.f. 1031 Santa Barbara is a 7,000 s.f. building with seven (7) 1,000 s.f., units; and 1025 Santa Barbara is a 14,000 s.f. building with ten (10) 1,400 s.f. units. It also includes 2 additional commercial lots, with a pending permit to construct 45 additional pkg spaces, and potentially more rental space.
Santa Barbara Blvd Traffic Count: 22,000 AADT, Nicholas Pkwy: 11,100 AADT.
The building has a solid mix of new and established tenants, including D.R. Horton, the 10 Twenty Five Restaurant, Cape Ice Cream, H2 Fitness, Studio Elite Acro and Dance Academy, Experimac, Little Beginnings Ultrasound Studios, Flawless Barber, and the Micro Spa.
The buildings have absolutely no deferred maintenance. The roof was recently inspected and in good repair, the buildings are freshly painted, and most units have been recently remodeled.
This is a turnkey property in a great location!!
Attachments & Media
|Nearest MSA:||Cape Coral-Fort Myers|
|Taxing Authority:||Cape Coral|
|Tax ID/APN:||24-44-23-C1-01026.0030; 24-44-23-C1-01027.0120; 24-44-23-C1-01027.0140|
|Largest Nearby Street:||Santa Barbara Blvd.|
|Highway Access:||20 minutes to I-75|
|Site Description:||Busy local intersection of Santa Barbara Blvd. and Nicholas Pkwy|
|Area Description:||Located in Southwest Florida in the city of Cape Coral, which was ranked number 1 by Forbes magazine as the fastest growing cities of 2017! According to Forbes, the population grew almost four percent in 2016 and it is predicted to expand even more in the coming year. Cape Coral is situated just north of the Fort Myers/Naples area, and two hours south of Tampa, Florida.|
|Total Number of Buildings:||2|
|Exterior Description:||Stucco block with fresh paint. Great condition!|
|Parking Ratio:||3 (per 1000 SF)|
|Parking Description:||Recently repaved and striped with fresh blacktop.|
|Total Parking Spaces:||62|
Carlos Acosta, CCIMCommercial Real Estate Services of SWFL, Inc. SWFLCA Member
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