This Retail Property is Off-Market.

925 Pondella Road
North Fort Myers, FL 33903 ·

82,030 SF · Retail For Sale

N/A

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Coral Gate Commons

Price N/A Cap Rate 6%
Gross Leasable Area 82,030 SF Occupancy 96%
Property Type Retail No. Stories 1
Property Sub-type
Neighborhood Center
More...
  • Strip Center
Tenancy Multiple
Property Use Type Net Lease Investment with 2 years left on lease Year Built 1974
Commission Split 1.5% Lot Size 8.35 AC
Listing ID: 14404528 Date Created: 11/14/2005 Last Updated: 11/11/2010

Description

Neighborhood Shopping Center. Great upside potential. Priced below replacement cost. TWO OUTPARCELS INCLUDED IN SALE....VALUE $600,000 OR MORE which will raise the cap rate closer to 7%.

Busy signalized intersection 1/2 mile from Cape Coral.

Highlights

  • Priced Below Replacement Cost
  • Upside Potential

Research

925 Pondella Road, North Fort Myers, FL 33903 (Lee County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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