Palisades Park Investment Opportunity

Office for Sale
Catylist Listing ID: 30329406
Property Subtypes: Business Park, Medical, Net Leased, Office Building
Building Size (RSF): 43,200 SF
Gross Land Area: 5.17 Acres
Sale Price: $6,500,000
Unit Price: $150.46 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Palisades Park
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Average Occupancy Rate: 97
Last Updated: 1/25/2019

Overview / Comments

Offering Memorandum Available Upon Executed Confidentiality Agreement

Palisades Park is in the upscale International Center, located just south of Daniels Parkway, west of Six Mile Cypress Parkway and in close proximity to Gulf Coast Hospital and Century Link Sports Complex. This complex offers a professional office park setting, located in one of Southwest Florida’s most desirable professional office/medical hubs.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 19-45-25-18-0000E.0000
Property Located Between: Six Mile Cypress Pkwy & Plantation Rd
Property Visibility: Good
Total Number of Buildings: 4
Number of Stories: 1
Parking Ratio: 6 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 247

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,587 43,895 120,226
Median Age: 47.9 48.88 46.67
Households: 1,290 20,721 54,932


Photograph of Listing Agent

Randal Mercer

CRE Consultants
Photograph of Listing Agent

Brandon Stoneburner

CRE Consultants
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