9990-9994 University Plaza Dr

Retail-Commercial for Sale
Catylist Listing ID: 30409069
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 6,779 SF
Gross Building Area: See Agent
Sale Price: $4,900,000
Unit Price: $722.82 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 5.24%
Last Updated: 6/19/2019

Overview / Comments

Fully Leased, Regional Mall Outparcel
3 Star Retail Strip-Center for Sale
Monument Sign Visible from Alico Rd.
National Tenant Mix - Tijuana Flats, South Beach Tanning Company & T-Mobile
High Growth Area
High Traffic Counts - 26,300 & 24,300 ADT
Surrounded by National Chain Restaurants
Close to Florida Gulf Coast University
Parking Ratio: 5.9
Frontage on Alico
Excellent Visibility Entering Coast Town Center

Current Tenants

Tenant Business Name Tijuana Flats
Tenant Business Name South Beach Tanning Company
Tenant Business Name T-Mobile

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 11462517000A10000
Zoning: COMMUNITY SHOPPING CENTER
Retail Clientele: General
Property Located Between: I-75 and Ben Hill Griffin Pksy
Property Visibility: Excellent
Largest Nearby Street: Alico Road
Traffic/Vehicle Count: 26,300
Highway Access: I-75
Airports: Southwest Florida Internation Airport
Site Description: Fully Leased, Regional Mall Outparcel 3 Star Retail Strip-Center for Sale Monument Sign Visible from Alico Rd. National Tenant Mix - Tijuana Flats, South Beach Tanning Company & T-Mobile High Growth Area High Traffic Counts - 26,300 & 24,300 ADT Surrounded by National Chain Restaurants Close to Florida Gulf Coast University Parking Ratio: 5.9 Frontage on Alico Excellent Visibility Entering Coast Town Center
Area Description: Busy Gulf Coast Town Center Location
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,400 SF
Property Condition: Excellent
Year Built: 2014
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: Excellently Maintained Building
Total Parking Spaces: 40
Parking Ratio: 5.9 (per 1000 SF)
Parking Type: Surface
Zoning Description: Community Shopping Center

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,269 33,421 65,677
Median Age: 32.94 39.1 45.8
Households: 794 12,235 27,448
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