19 Del Prado Blvd N

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19 Del Prado Blvd N

Cape Coral, FL 33909
Asking Price
$2.10M
Asset Type
Retail
Class
Class B

What's Special

19 Del Prado Blvd N is located in a high-traffic commercial corridor in Cape Coral, Florida. The site sits near the signalized intersection of Hancock Bridge Parkway, a major local artery, providing significant street visibility. The surrounding neighborhood is characterized by a dense mix of established residential communities and professional service hubs. Nearby amenities include national grocers, fitness centers, and diverse dining options. The property is easily accessible via Del Prado Blvd, which serves as a primary north-south connector linking Cape Coral to North Fort Myers and the Pine Island corridor. The property is suited for retail and service-oriented businesses seeking exposure to consistent daily vehicle counts. Ideal use cases include standard retail storefronts, boutique fitness studios, or quick-service food and beverage operators. The location is also well-positioned for medical office conversions or professional services like insurance and real estate firms. A typical tenant profile would benefit from the area's growing demographic base and the concentration of nearby complementary commercial activity, catering to both local residents and regional commuters passing through the busy Del Prado corridor.

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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,389.654
Annual Cash Flow
$-44,675.85

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