1605 SE 26th St

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1605 SE 26th St

Cape Coral, FL 33904
Asking Price
$3.23M
Asset Type
Office
Class
Class B

What's Special

Located at 1605 SE 26th St, this professional office property is situated in the southeastern corridor of Cape Coral, Florida. The surrounding neighborhood is characterized by a mix of established residential communities and localized commercial hubs. The site offers proximity to major regional thoroughfares, including Del Prado Boulevard and Veterans Memorial Parkway, facilitating access to the Midpoint Memorial Bridge. Nearby amenities include various retail centers, financial institutions, and dining options within a three-mile radius. The building's floor plan and central location make it suitable for a variety of professional services and administrative operations. Typical tenant profiles for this asset class include medical practitioners, legal firms, insurance agencies, and independent consultancy businesses. The property provides a functional environment for organizations seeking a satellite office or a primary headquarters within a primary suburban growth market.

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NOI
$80,000
Cap Rate
2.47%
DSCR
0.42
Underwater
Cash-on-Cash
-11.55%
Monthly Payment
$16,005.015
Annual Cash Flow
$-112,060.179

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