1509 SW Pine Island Rd

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1509 SW Pine Island Rd

Cape Coral, FL 33991
Asking Price
$4.08M
Asset Type
Retail
Class
Class B

What's Special

1509 SW Pine Island Road is situated in the primary commercial corridor of Cape Coral, Florida. The surrounding neighborhood is characterized by high-density residential developments and established retail clusters. This location offers direct frontage on a major east-west arterial road, ensuring consistent visibility and high daily traffic counts. The property is positioned near major national retailers, dining establishments, and professional services, providing convenient access for the growing local population. Proximity to Veterans Memorial Parkway and the corridor's bridge connections facilitates efficient transportation to both North Fort Myers and the greater Lee County area. The property is well-suited for a variety of retail uses, including traditional storefronts, specialty boutiques, or consumer service providers. Given the surrounding demographic profile of families and commuters, it is an ideal location for tenants such as neighborhood fitness centers, medical clinics, or quick-service restaurants. The asset profile attracts regional and national tenants looking to establish a presence in a high-growth market with sustainable consumer demand. Its layout and accessibility support businesses requiring high customer turnover and clear branding opportunities.

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NOI
$80,000
Cap Rate
1.96%
DSCR
0.33
Underwater
Cash-on-Cash
-13.25%
Monthly Payment
$20,175.719
Annual Cash Flow
$-162,108.628

Location & Travel Times