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122 Chiquita Blvd S
Cape Coral, FL 33991
Asking Price
$6.00M
Cap Rate
6.34%
Asset Type
Shopping Center Retail
Class
Class B
What's Special
Retail | 6.34% CAP | 10,250 SqFt <ul><li>±10,250 SF neighborhood retail and service center on Chiquita Blvd S, Cape Coral. The property is 100% occupied by 8 tenants in 10 demised units on triple-net leases, delivering day-one stabilized income with zero vacancy drag.</li><li>Roster spans barbershop/salon, Caribbean restaurant, discount retail, smoothies/acai, tobacco, medical wellness, cold plunge therapy, and a 24-hour Hotworx infrared fitness studio — a balanced blend of daily-needs and lifestyle uses.</li><li>All tenants
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NOI
$80,000
Cap Rate
1.33%
DSCR
0.22
Underwater
Cash-on-Cash
-15.35%
Monthly Payment
$29,684.726
Annual Cash Flow
$-276,216.715
