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924 NE Pine Island Rd 9,112 SF Retail Building Cape Coral, FL 33909 $5,999,999 ($658.47/SF)



Investment Highlights
- Property Renovated in 2026
- Long term lease with renewal options
- Leased by Dollar General
Executive Summary
Fully leased property available immediately, located in Cape Coral, Lee County, Florida. The property is composed of 2 buildings: the current Dollar General, renovated in 2026, and a newly constructed drive-thru building completed in 2026. The retail center is strategically situated at the signalized intersection of Pine Island Road and Andalusia Boulevard, with 54,500 Annual Average Daily Traffic count (AADT). The location offers great exposure and easy access.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,112 SF
Building Class
B
Year Built/Renovated
2005/2026
Price
$5,999,999
Price Per SF
$658.47
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.96 AC
Opportunity Zone
Yes
Zoning
CORR - Pine Island Road Corridor District permits the range of commercial uses including: retail, professional and medical office, hotels, restaurant, etc.
Parking
82 Spaces (9 Spaces per 1,000 SF Leased)
Frontage
55’ on NE Pine Island Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-44-24-C4-007M0.0000 | Improvements Assessment | $1,099,741 |
| Land Assessment | $727,113 | Total Assessment | $1,990,493 |
Property Taxes
Parcel Number
07-44-24-C4-007M0.0000
Land Assessment
$727,113
Improvements Assessment
$1,099,741
Total Assessment
$1,990,493
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924 NE Pine Island Rd
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