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Palm Place ( 4 Plex) 1505 Gleason Pkwy 5,200 SF of Medical Space Available in Cape Coral, FL 33914

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SUBLEASE HIGHLIGHTS

  • Built to Suit
  • full NNN long term lease

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 5,200 SF
  • Negotiable
  • $4.75 /SF/YR $0.40 /SF/MO $24,700 /YR $2,058 /MO
  • Medical
  • Full Build-Out
  • TBD

Exceptional opportunity for a healthcare provider, senior living operator, or residential institution to secure a facility built specifically to their operational requirements. Located on a prime multi-family zoned lot, the owner is offering a complete Build-to-Suit (BTS) arrangement under a long-term Absolute NNN Lease structure.

  • Sublease space available from current tenant
  • Open Floor Plan Layout
  • Space is in Excellent Condition
  • Private Restrooms
  • Secure Storage
  • Shower Facilities
  • Wheelchair Accessible
  • Lease rate does not include utilities, property expenses or building services
  • Finished Ceilings: 8’
  • Central Air and Heating
  • High Ceilings
  • Emergency Lighting
  • Smoke Detector
  • 4 Plex built to specifications up to 24 beds
Space Size Term Rental Rate Space Use Condition Available
1st Floor 5,200 SF Negotiable $4.75 /SF/YR $0.40 /SF/MO $24,700 /YR $2,058 /MO Medical Full Build-Out TBD

1st Floor

Size
5,200 SF
Term
Negotiable
Rental Rate
$4.75 /SF/YR $0.40 /SF/MO $24,700 /YR $2,058 /MO
Space Use
Medical
Condition
Full Build-Out
Available
TBD

1st Floor

Size 5,200 SF
Term Negotiable
Rental Rate $4.75 /SF/YR
Space Use Medical
Condition Full Build-Out
Available TBD

Exceptional opportunity for a healthcare provider, senior living operator, or residential institution to secure a facility built specifically to their operational requirements. Located on a prime multi-family zoned lot, the owner is offering a complete Build-to-Suit (BTS) arrangement under a long-term Absolute NNN Lease structure.

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout
  • Finished Ceilings: 8’
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • Secure Storage
  • Emergency Lighting
  • Shower Facilities
  • Smoke Detector
  • Wheelchair Accessible
  • 4 Plex built to specifications up to 24 beds

ABOUT THE PROPERTY

Lease Type: Triple Net (NNN). Tenant is responsible for all Property Taxes, Insurance, and Maintenance (Roof, Structure, and CAM). Customization: Owner will construct the building to the Tenant’s exact specifications, floor plans, and finishes. Stability: Seeking a long-term partnership with a credit-worthy tenant. Timeline & Delivery We offer a transparent and streamlined development schedule: Permitting Phase: Approximately 6 months. Construction Phase: Approximately 12 months from permit issuance. Total Delivery: Estimated 18 months from lease execution.

PROPERTY FACTS

Total Space Available 5,200 SF
Property Type Health Care
Building Size 5,200 SF
Construction Status Proposed

FEATURES AND AMENITIES

  • Waterfront
  • Listing ID: 39175201

  • Date on Market: 1/22/2026

  • Last Updated:

  • Address: 1505 Gleason Pkwy, Cape Coral, FL 33914

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