SW Pine Island Rd

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SW Pine Island Rd

Cape Coral, FL 33991
Asking Price
$199K
Asset Type
Office
Class
Class B

What's Special

Situated on SW Pine Island Road in Cape Coral, Florida, this property is located within a primary commercial corridor characterized by high visibility and steady traffic flow. The surrounding neighborhood features a mix of retail centers, medical clinics, and professional services, providing convenient access to diverse dining and shopping options. The location offers direct connectivity to Veterans Memorial Parkway and Burnt Store Road, facilitating transit across Lee County and the greater Fort Myers area. The asset is suited for professional services, including legal, insurance, or accounting firms seeking a presence in a high-growth residential area. Given the proximity to surrounding residential communities, the site is also appropriate for satellite administrative offices or local medical practitioners. The typical tenant profile includes established local businesses or regional service providers requiring a central, accessible location for client-facing operations.

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NOI
$80,000
Cap Rate
40.20%
DSCR
6.77
Strong
Cash-on-Cash
114.21%
Monthly Payment
$984.543
Annual Cash Flow
$68,185.479

Location & Travel Times