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Goodwill 1499 SW Pine Island Rd 20,000 SF Retail Building Cape Coral, FL 33991 $7,000,000 ($350/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute net lease | Zero landlord responsibilities | New 2024 construction
- Experienced chapter | Goodwill Industries of Southwest Florida, Inc. | 41 locations
- Large parcel | 2.71 acres
- Desirable lease term | 14 years remaining
- Excellent visibility & access from SW Pine Island Rd | 42,000 VPD
- Explosive population growth within 1 mile | 67.59% from 2010-2025
EXECUTIVE SUMMARY
Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Goodwill in Cape Coral, FL. We welcome your review of this attractive investment.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,000 SF
Building Class
B
Year Built
2024
Price
$7,000,000
Price Per SF
$350
Cap Rate
6%
NOI
$420,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.73 AC
Zoning
Commercial
Parking
82 Spaces (4.1 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 15-44-23-C4-10000.0020 | Improvements Assessment | $2,969,518 |
| Land Assessment | $1,512,450 | Total Assessment | $4,720,886 |
PROPERTY TAXES
Parcel Number
15-44-23-C4-10000.0020
Land Assessment
$1,512,450
Improvements Assessment
$2,969,518
Total Assessment
$4,720,886
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Goodwill | 1499 SW Pine Island Rd
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