The Brooks Town Center 2 Properties Offered at $12,250,000 in Multiple Locations
INVESTMENT HIGHLIGHTS
- Brooks Town Center: 35,330 SF in affluent Estero, FL, 93% occupied.
- 4.63 acres, with FineMark Bank as a ground lease, offering strong upside potential.
- Located at Coconut Rd & Three Oaks Pkwy near planned 137-unit development.
EXECUTIVE SUMMARY
Plaza Advisors, as exclusive broker, is pleased to present the opportunity to acquire The Brooks Town Center, a 35,330 SF shopping center in the affluent area of Estero, Florida. The Property is located near the corner of Coconut Road (12,500 VPD) and Three Oaks Parkway (30,000 VPD) in the heart of the affluent master-planned community known as The Brooks and adjacent to a planned 137-unit multifamily development.
The Brooks Town Center is situated on 4.63 acres, is currently 93% occupied and features an outparcel ground leased to FineMark National Bank & Trust. This opportunity offers investors the ability to acquire a value-add asset with strong upside potential within the thriving Cape Coral- Fort Myers- Naples, FL CSA.
The Brooks Town Center is situated on 4.63 acres, is currently 93% occupied and features an outparcel ground leased to FineMark National Bank & Trust. This opportunity offers investors the ability to acquire a value-add asset with strong upside potential within the thriving Cape Coral- Fort Myers- Naples, FL CSA.
PROPERTY FACTS
| Price | $12,250,000 |
| Price / SF | $346.73 / SF |
| Cap Rate | 6.38% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 35,330 SF |
| Total Land Area | 19.99 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 10020 Coconut Rd, Estero, FL 34135 | Retail | 25,940 SF | 2008 | - |
| 10010 Coconut Rd, Bonita Springs, FL 34135 | Office | 9,390 SF | 2008 | - |
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CONTACTS
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Jeff Berkezchuk -
Jim Michalak -
Plaza Advisors
