621 Southwest Pine Island Road

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621 Southwest Pine Island Road

Cape Coral, FL 33991
Asking Price
$4.17M
Asset Type
Office
Class
Class B

What's Special

621 Southwest Pine Island Road is situated in a high-traffic commercial corridor of Cape Coral, Florida. The neighborhood is characterized by a mix of retail centers, medical facilities, and professional services. Nearby amenities include several national retailers, dining options, and financial institutions within a two-mile radius. The property offers direct frontage on Pine Island Road, a primary east-west arterial thoroughfare providing efficient transportation access to Santa Barbara Boulevard and Veterans Memorial Parkway. The building is suited for professional or administrative services, including law firms, insurance agencies, and consulting groups. Its proximity to established healthcare clusters also makes it a viable location for outpatient medical offices or specialty clinics. Typical tenants include local small businesses and regional service providers seeking visibility and accessibility within the growing Cape Coral market.

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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

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