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Palm Place ( 4 Plex) 1505 Gleason Pkwy 5,200 SF of Medical Space Available in Cape Coral, FL 33914
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
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 | Apartment Style | Low-Rise |
| No. Units | 4 | Building Size | 5,200 SF |
| Property Type | Multifamily | Year Built | 2027 |
| Property Subtype | Apartment | Construction Status | Proposed |
| Total Space Available | 5,200 SF |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Size | 5,200 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
Presented by
JT Development
Palm Place ( 4 Plex) | 1505 Gleason Pkwy
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