601 Del Prado Blvd N
Cape Coral, FL 33909
FOR SALE, NORTH CAPE CROSSINGS FULLY LEASED · Retail Property For Sale
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
About 601 DEL PRADO BLVD N , CAPE CORAL, FL 33909
NORTH CAPE CROSSING IS A VERY NICE RETAIL BUILDING WITH LITTLE IF ANY DEFERRED MAINTENANCE. A NEW MEMBRANE ROOF IN 2016 WITH A 20 YEAR WARRANTY. MANY TENANTS HAVE BEEN IN THE BUILDING FOR SEVERAL YEARS, SOME OVER 10 OR WHEN FIRST BUILT. AN EXCELLENT TENANT MIX.... CURRENT RENTS ARE LOW AS COMPARED TO THE CURRENT MARKET TREND TODAY. (UPSIDE POTENTIAL) THERE ARE SHORT TERM LEASES WHICH IS GOOD FOR A BUYER, IN THAT THE RENTS CAN BE NEGOTIATED AND THE NEW BUYER CAN DRAFT THE LEASES. WHEN THE BUILDING WAS JUST CONSTRUCTED, RENTS WERE AT $15.00 PER SQUARE FOOT FIGURED ON AN ANNUAL BASIS WITH A $4.58 PER SQUARE FOOT CAM, WHICH WE WILL SEE AGAIN IN THIS AREA OF TOWN WITH THE MARKET DEMAND. CALL FOR A SHOWING AND ONE WILL NOT BE DISAPPOINTED. CONFIDENTIALITY AGREEMENT REQUIRED.
Property Taxes
| Parcel Number | 08-44-24-C1-01547.0010 | Improvements Assessment | $3,013,087 |
| Land Assessment | $681,440 | Total Assessment | $3,829,033 |
Property Taxes
