Historical Retail Sale Listing - Coral Gate Commons

Retail For Sale

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Coral Gate Commons

925 Pondella Road, North Fort Myers, FL 33903

N/A

82,030 SF | Retail

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Retail Property - Off Market

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

Highlights

  • Priced Below Replacement Cost
  • Upside Potential

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.

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

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Created 11/14/2005