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110 NE 2nd Pl
Cape Coral, FL 33909 Hancock

$15,000,000 USD

Freestanding For Sale  •  50,000 SF

Property Details

• Property Type Freestanding
• Total Building Size 47,377 SF
• Building Class B
• Year Built 2009
• Cap Rate 5.94 %
• Tenancy Multiple

30 Transit Score

50 Walk Score

Highlights

All Masonry Construction: Concrete block construction allows for efficient demising, reconfiguration, and future tenant build-outs

Recently Replaced Roof: Roof replaced approximately 2 years ago, minimizing near-term capital expenditures and providing long-term durability

Tenant-Responsible HVAC: HVAC maintenance and replacement are the responsibility of tenants, reducing landlord expense exposure

Grocery-Anchored by Key Food: Necessity-based anchor ranked in the 100th percentile nationally, driving exceptional daily traffic

Efficient Retail Configuration: Well-suited for small- and mid-bay tenants, supporting strong leasing velocity and long-term tenant retention

Well-Maintained Asset: Pride of ownership is evident throughout, positioning the property as a true core neighborhood retail investment

Cap Rate:

5.94 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Amigos Auto Insurance
Diamond Spa & Nails
Durso's Delite Bakery and Cafe
Educators Music		4/1/2023
Happy Sun Ice Cream		10/23/2021
Key Food		1/1/2030
Martial Arts University		1/1/2021
Pony Express Inc		8/1/2014
Shave Barber Shop		4/30/2014
Tio Jewelers		5/22/2017

Amenities

• Bus Line
• Pylon Sign
• Signage

Public Transportation

Airport	Drive	Walk	Distance
Southwest Florida International	37 min	-	22.3 mi
Punta Gorda	36 min	-	24.4 mi