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1442 SE 16th Pl

Cape Coral, FL 33990

$545,600

Freestanding For Sale  •  2,240 Sq Ft

Property Details

  • Property Type Freestanding
  • Total Building Size 2,240 Sq Ft
  • Lot Size 0.22 ac
  • Building Class C
  • Year Built 1990
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning C-1
0 Transit Score
64 Walk Score

Description

Freestanding retail building just one block off Del Prado Boulevard S, currently leased by credit tenant Capital Pawn. The property is fully-leased on a NNN lease with lengthy and favorable remaining terms. Capital Pawn was founded in 1990 and has 18 stores in 4 states including Florida,  Alabama, Louisiana, and Mississippi. 12 of the company' s 18 locations are in the state of Florida.

Highlights

Freestanding retail building
NNN lease, 4 additional five year renewal options after lease expiration
Regional credit tenant

Property Flyers

Financial Summary

Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Capital Pawn 2,240 SF

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Southwest Florida International Airport 27 min - 18.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Dave Wallace 239-659-1447 CRE Consultants
Dave Wallace 239-659-1447 CRE Consultants