Cape Coral - Del Prado Blvd. retail/showroom building

Retail-Commercial for Sale
Catylist Listing ID: 30352207
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 4,450 SF
Gross Building Area: See Agent
Sale Price: $775,000
Unit Price: $174.16 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/27/2019

Overview / Comments

4,450 SF two-unit freestanding retail building on busy Del Prado Boulevard. The sale price also includes the adjoining vacant lot at 1503 Del Prado Blvd. The owner currently occupies 3,200 SF of showroom/office/retail space which they will vacate upon sale. The remaining 1,250 SF is occupied by the Great Wall Restaurant which is on a month to month tenancy. This property is an excellent opportunity for a retail end user to acquire a high visibility retail location with outstanding signage in a high traffic business area.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 20-44-24-C4-01149.0050
Zoning: C-1
Retail Clientele: General, Business
Property Located Between: The property is on the east side of Del Prado Blvd. across from the Del Prado Mall.
Property Visibility: Excellent
Largest Nearby Street: Del Prado Boulevard
Feet of Frontage: 130
Highway Access: Direct driveway access in place on Del Prado Blvd.
Site Description: 16,428 SF site includes the extra adjoining lot of 4,838 SF at 1503 Del Prado Blvd. site measures 130' X 125'
Area Description: High traffic busy retail area.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1986
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Glass storefronts facing Del Prado Blvd. with customer parking in front on building. Alley access in rear of building for deliveries and employee parking. Highly visible Pylon sign in front parking lot.
Parking Type: Surface
Air Conditioning: Package Unit
Interior Description: 1,250 SF is an operating restaurant. 3,200 SF is showroom/office/retail space
Zoning Description: C-1 (Commercial)
Lot Frontage: 130
Lot Depth: 125
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,222 70,349 191,665
Median Age: 45.45 44.88 43.96
Households: 1,727 28,405 80,601


Photograph of Listing Agent

Jack Britton, CCIM

Professional Realty Consultants
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