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621 Southwest Pine Island Road
Cape Coral, FL 33991
Asking Price
$4.17M
Asset Type
Traditional Office Office
Class
Class B
What's Special
18,130± Sq. Ft. Office/Flex Opportunity - Cape Coral, FL <p><strong style="color: rgba(24, 24, 24, 1)">OFFICE BUILDING OVERVIEW:</strong></p><p><span style="color: rgba(24, 24, 24, 1)">• 16,130± Sq. Ft.</span></p><p><span style="color: rgba(24, 24, 24, 1)">• Concrete Slab Foundation</span></p><p><span style="color: rgba(24, 24, 24, 1)">• Modular Metal (Front) and Concrete Block & Stucco (Rear) Exterior Walls</span></p><p><span style="color: rgba(24, 24, 24, 1)">• Steel Frame Roof Structure</span></p><p><span style="color: rgba(24, 24, 24, 1)">• Meta
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NOI
$80,000
Cap Rate
1.92%
DSCR
0.32
Underwater
Cash-on-Cash
-13.39%
Monthly Payment
$20,630.39
Annual Cash Flow
$-167,564.68
