1336 Cape Coral Pkwy E Cape Coral, FL 33904

Building Details

Year Built

1990

Listing agency Krise Commercial Group, LLC m***@gmail.com Show Phone

Listed by Marjan Rumija · License #258025749 Show Phone

Source Elliman

Added: Apr 24 Updated: Jul 10 at 3:57PM Checked: Jul 21 at 6:42AM

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Investment Insights

Based on property information with market context.

This retail property is located in a desirable area of Downtown Cape Coral. The property is divided into two units. Unit #1 is currently leased to a coffee shop, and Unit #2 is leased to a smoke shop. A new roof and new HVAC system were installed in 2024. The property includes seven parking spaces in the front and six parking spaces in the back. The property brings approximately a 7.5% cap rate. The location has a bike score of 38, indicating it is somewhat bikeable, and a walk score of 46, indicating car-dependent accessibility.

Key Highlights

• High Cap Rate: Approximately 7.5% return on investment.
• New Roof and HVAC: Installed in 2024.
• Two Leased Units: Currently generating income from a Coffee Shop and Smoke Shop.

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FAQs

What type of property is this?

Retail space - Retail property with two units in a desirable location.

Where is this retail space located?

The property is located at 1336 Cape Coral Pkwy E Cape Coral, FL.

What is the asking price?

The asking price for this property is $1,050,000.

What are key features of this property?

This property features: High Cap Rate: Approximately 7.5% return on investment.; New Roof and HVAC: Installed in 2024.; Two Leased Units: Currently generating income from a Coffee Shop and Smoke Shop.