Inquire About this Property

Industrial Investment

847-905 SE 9th Terrace, Cape Coral, FL 33990

Property Type:
Investment
Size:
50,000± SF
Asking Price:
$7,200,000
Price/Sq. Ft.:
$144 PSF

Property Highlights

  • Drive-thru building
  • Fully sprinklered
  • Newer roof with skylights
  • LED lighting
  • Parking: 1/1,000 SF & on street parking
  • 847H has a fenced yard with 16 parking spaces
  • Site is situated in a Lee County Opportunity Zone, designed to provide tax incentives to investors
  • Close proximity to Cape Coral City Hall and Cape Coral Police Department
  • Financials upon receipt of approved N.D.A.

Value-Add 13-Tenant Property

This 50,000± SF, fully managed, 13-tenant warehouse is centrally located in the Mid-Cape Industrial area, near Viscaya Parkway and Del Prado Boulevard. This pre-engineered metal building is fully sprinklered and features 3-phase power, 12’ x 14’ overhead doors and large skylights. This is a value-add opportunity with many soon to expire leases at rents currently well below market. Owner recently completed $162,000 in capital improvements, including LED lighting, exterior paint and new overhead doors.

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stan stouder, CCIM

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