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Kindness Animal Hospital 715 Cape Coral Pky 5,550 SF Retail Building Cape Coral, FL 33914 $2,211,680 ($398.50/SF) 6.25% Cap Rate
Investment Highlights
- Long-Term Net Lease with Attractive Annual Increases
- Premier Cape Coral Parkway Frontage with Multiple Access Points
- Dense, Affluent Demographics
- Market-Resilient Veterinary Healthcare Tenant
- Strategic Location within Cape Coral’s Medical Corridor
- Favorable Florida Investment Environment
Executive Summary
Northmarq is pleased to present Kindness Animal Hospital, a 5,500 SF veterinary asset located at 715 Cape Coral Parkway W in Cape Coral, Florida. The property is offered at $2,211,680, representing a 6.25% cap rate on current NOI of $138,230. The asset is leased to Pathway Vet Alliance LLC with seven years of term remaining and 3% annual rent increases. The property benefits from strong frontage along Cape Coral Parkway W, multiple access points, and dense, affluent demographics in a growing Southwest Florida market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
5,550 SF
Building Class
B
Year Built
1995
Price
$2,211,680
Price Per SF
$398.50
Cap Rate
6.25%
NOI
$138,230
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.12 AC
Zoning
C1-D
Parking
25 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
114’ on cape coral Pky
Amenities
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $56,624 | Total Assessment | $1,105,547 |
Property Taxes
Parcel Numbers
Land Assessment
$56,624
Improvements Assessment
$0
Total Assessment
$1,105,547
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