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Investment Highlights

  • Prime, signalized hard-corner positioning in Cape Coral’s busiest retail corridor.
  • Located within a dense, highly active trade area supported by nearly 200,000 residents and more than 79,000 employees within five miles.
  • The lease features 10% rental increases every 5 years during the initial term.
  • Immediate proximity to major regional arterials, including Veterans Parkway with 67,500 vehicles per day.
  • The tenant recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site.
  • Exceptional demographic profile, including a local average household income exceeding $100,000 and sustained population growth surpassing 4% annually.

Executive Summary

Positioned at one of Cape Coral’s most traveled intersections, this newly constructed retail site delivers unmatched visibility, convenience, and long-term stability in one of Southwest Florida’s most rapidly expanding markets. Anchored by a brand-new Dutch Bros drive-thru store, the property sits prominently at the signalized hard corner of Del Prado Boulevard South and SE 26th Street, benefiting from more than 53,000 vehicles per day along Del Prado and a combined 120,500 vehicles traversing the nearby Veterans Parkway corridor. This strategic location places the asset at the epicenter of a thriving commercial district surrounded by leading national retailers including Walmart, Publix, Target, Lowe’s, LA Fitness, Hobby Lobby, HomeGoods, Chipotle, and ALDI, drawing continuous traffic throughout the day.
The property features high-quality 2026 construction with contemporary architectural elements, a dual drive-thru configuration, and seamless ingress and egress designed to support high-volume customer flow. Strong local demographics further enhance its appeal, with nearly 200,000 residents and over 79,000 employees within a five-mile radius, paired with household incomes that exceed $100,000. Cape Coral’s population continues to grow at an impressive annual rate of more than 4 percent, further bolstering retail demand and long-term market fundamentals.
An absolute NNN structure with zero landlord responsibilities supports a fully passive investment environment. Dutch Bros, the third-largest coffee chain in the United States, occupies the site under a brand-new 15-year corporate lease featuring scheduled 10 percent rental increases, reinforcing the asset’s income durability and long-term performance. With strong consumer traffic, superior corner visibility, and best-in-class tenancy, this offering stands out as a premier retail opportunity in one of Florida’s most dynamic growth corridors.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
B
Year Built
2026
Price
$3,396,000
Price Per SF
$3,574.74
Cap Rate
5%
NOI
$169,817
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.71 AC
Zoning
PD - Planned Development
Parking
13 Spaces (13.68 Spaces per 1,000 SF Leased)
Frontage
237’ on Southeast 26th Street

Amenities

  • Corner Lot
  • Signalized Intersection
  • Drive Thru
  • Monument Signage
  • Air Conditioning
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

Fifth Third Bank
Busey Bank
Truist
Applebee's
Lenny’s Grill & Subs
La Fitness
Starbucks
Waffle House
Loving Hut
Hooters

Property Taxes

Property Taxes

Parcel Number
32-44-24-C1-01195.0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$290,371
  • Listing ID: 39318131

  • Date on Market: 2/4/2026

  • Last Updated:

  • Address: 1605 SE 26th St, Cape Coral, FL 33904

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