Shops at Surfside 2354 Surfside Blvd 117,566 SF 100% Leased 4-Star Retail Building Cape Coral, FL 33991 $12,900,000 ($109.73/SF)

Investment Highlights
-Built in 2007 suitable for multiple commercial functions.
-117,566 square feet on 8.26 acres
-100% Leased: Fully occupied with long-term tenants, producing stabilized cash flow and limited near-term rollover risk.
-463 parking spaces provide one of the best parking ratios in the area.
-Prime Surfside Boulevard Location: Positioned on a primary commercial corridor with strong visibility and access.
-Demographic Tailwinds: The surrounding area is experiencing robust population growth (projected 20% from 2024–2029) with solid household incomes (median $68,000–$76,000 within the 5-mile radius) and expanding household bases that support retail demand.
-Population Growth: Cape Coral’s citywide population exceeds 230,000 and continues to grow year-over-year, with rising median household income and residential demand underpinning commercial activity.
-Traffic Exposure: Surfside Boulevard commands significant traffic volumes, contributing to strong daily exposure and drive-by visibility for tenants at intersection of Veterans Pkwy and Surfside Blvd.
Surfside Boulevard functions as a primary east-west connector in Cape Coral with consistently high daily vehicle usage relative to local residential streets and strong commuter flow in both peak and off-peak hours.
Demographics:
Population: 130,051
Households: 50,939
Median Household Income: $68,170
Projected Population Growth: 19.1%
Estimated Cape Coral population: 233,000+ and increasing.
Median household income: $76,000+ with recent growth.
This positioning provides investors with a stabilized, fully leased asset in a market backed by strong demographic and traffic fundamentals—making 2342-2354 Surfside Boulevard a compelling addition to any commercial real estate portfolio.