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840 SW 4th Street , 1-7

Cape Coral, FL 33991
  • $1,999,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 224024375
$1,999,000
  • 0
    BEDS
  • 0.73
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2007
County:
Lee

School Ratings & Info

Description

This is a well maintained multi tenant professional office building located along the Pine Island Road Corridor and conveniently located behind Bonefish Grill, Dante's Pizza, House of Omelet's and Leslie's Pools. Easy access from Chiquita Blvd, Pine Island Road and Skyline Blvd. One 1,200 sf unit will becoming avaiable within the next 30 days giving a buyer the chance to occupy the space as an owner user or release the unit at market rent. Current cap rate should hover in the range of 5.8% - 6% and should continue to increase with the annual rent increases that are built in existing leases. Units 1 through 6 are approximately 1,200 sf each, with unit 7 coming in at 1,800 sf.

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© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Fennig Team | Keller Williams Realty Naples. Data last updated 2024-04-19T20:47:16.077.
www.thefennigteam.com/homes/148562403
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840 SW 4th Street , 1-7 Cape Coral, FL 33991

  • Price: $1,999,000
  • Status: Active
  • On Site: 37 Days
  • MLS #: 224024375
0
Beds
0
Baths
0
½ Baths
0.73
Acres
2007
Built
Neighborhood:
Cc23 - Cape Coral Unit 28,29,45,62,63,66,68
County:
Lee
Area:
Cc23 - Cape Coral Unit 28,29,45,62,63,66,68
Property Description
This is a well maintained multi tenant professional office building located along the Pine Island Road Corridor and conveniently located behind Bonefish Grill, Dante's Pizza, House of Omelet's and Leslie's Pools. Easy access from Chiquita Blvd, Pine Island Road and Skyline Blvd. One 1,200 sf unit will becoming avaiable within the next 30 days giving a buyer the chance to occupy the space as an owner user or release the unit at market rent. Current cap rate should hover in the range of 5.8% - 6% and should continue to increase with the annual rent increases that are built in existing leases. Units 1 through 6 are approximately 1,200 sf each, with unit 7 coming in at 1,800 sf.
Exterior Features

Covered Spaces 0 Waterfront Features Canal AccessSeawall Waterfront YN Yes

Property Features

Association Fee 0 Association Fee2 0 Association Fee3 0 Business Type Professional/Office Development Name Electric Single Phase Gulf Access YN 0 Land Lease Amount 0 Lease Considered YN No Potential Short Sale YN Property Condition Resale Property Sub Type Office Restrictions Tax Annual Amount 15582.46 Tax Year 2023 Utilities Electricity AvailablePhone AvailableSewer AvailableTrash CollectionWater Available Zoning Description CORR

Listing courtesy of Phil Deems Real Estate.


© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Fennig Team | Keller Williams Realty Naples. Data last updated 2024-04-19T20:47:16.077.
 
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