Cape Coral Investment property with business
Retail-Commercial
for Sale
| Catylist Listing ID: |
30795273 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Street Retail, Vehicle Related, Other
|
| Building Size (RSF): |
4,486 SF
|
| Gross Land Area: |
16,875 SF
|
| Sale Price: |
$1,074,000 |
| Unit Price: |
$239.41 PSF |
| Has Drive-Thru? |
Yes |
| Property Use Type: |
Investment, Business |
| Building Name: |
In and Out Beverage Center |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/20/2022 |
Overview / Comments
|
Excellent investment opportunity to acquire a free-standing building with 3 retail/office rental spaces along with a fully operational turn-key Drive Thru Beverage Center business. The business has been in this high visibility, high traffic location for over 40 years. Current owner has recently increased business by expanding operating hours and adding Florida Lottery services. This is a package deal and the asking price includes the Real Estate and the business. The Drive Thru occupies 2,243 SF and the 3 rental units occupy the remainder of the building. The Check Cashing tenant has been a tenant for over 30 years at this location. Right now the other 2 units have been left available in the event that the new owner has other business ventures to put on site. Units are easily leased. This is a great opportunity for a family owned and run business.
|
Additional Details
| Nearest MSA: |
Cape Coral-Fort Myers |
| County: |
Lee |
| Tax ID/APN: |
194424C2007830290 |
| Zoning: |
C |
| Retail Clientele: |
General, Family, Business, Traveler |
| Property Located Between: |
Veterans Parkway and Viscaya Parkway |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Del Prado Blvd. |
| Feet of Frontage: |
120 |
| Traffic/Vehicle Count: |
53,000 |
| Highway Access: |
Del Prado Blvd. |
| Site Description: |
Corner lot with alley access |
| Area Description: |
High growth area in one of SW Florida's fastest growing cities. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
1980 |
| Construction/Siding: |
Block |
| Parking Type: |
Surface |
| Zoning Description: |
Commercial allowing many retail, office, and business uses. |
| Lot Frontage: |
120 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,952 |
68,213 |
183,251 |
| Median Age: |
44.17 |
43.54 |
42.99 |
| Households: |
3,663 |
27,272 |
75,879 |
|
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