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New Construction Flex Building
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1616 NE 10th Terrace, Cape Coral, FL 33909

Fully leased flex property with an absolute NNN structure and CC zoning supporting commercial, industrial, and multifamily uses.

Property Size3,178 SF
Days on Market144

Property Features for 1616 NE 10th Terrace

General Information

Standard status Active
Size 3,178 SF
Property subtype Industrial
Zoning CC
Occupancy 100%

Additional Details

Sprinkler System Yes

Amenities

alarm system

Building Details

Buildings 1
Building Size 3,178 SF
Construction CBS
Tenancy Single
Listing Agency: RE/MAX Trend
Listed By: Laura Lamping · License #SL 3539496
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 9:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Trend

Investment Insights

Based on property information with market context.

This 3,178-square-foot flex building at 1616 NE 10th Terrace is a new-construction asset with the entire building leased under an absolute NNN lease with a 10-year term. The property is occupied by an established local business with more than 30 years of operating history.

Located in Cape Coral’s Pine Island Commercial Corridor, the property carries CC zoning that supports a range of commercial, industrial, and multifamily uses. Building improvements include solid CBS construction, a concrete roof, updated infrastructure, an ESFR sprinkler system, and an alarm system.

Key Highlights

  • 3,178 SF new‑construction flex building
  • Fully leased under an absolute NNN 10‑year lease
  • CC zoning in the Pine Island Commercial Corridor

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Gym & Fitness Center Auto Parts Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

757
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33909, FL

33,063
Population
14,051
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
94%
High-School Grad
37.8 sq mi
ZIP Area
875
Density / Sq Mi
$79,096
Median Household Income
$39,912
Median Earnings
$1,773
Median Rent
$292,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Fully leased flex property with an absolute NNN structure and CC zoning supporting commercial, industrial, and multifamily uses.
Where is this flex space located?
The property is located at 1616 NE 10th Terrace Cape Coral, FL.
What are key features of this property?
This property features: 3,178 SF new‑construction flex building; Fully leased under an absolute NNN 10‑year lease; CC zoning in the Pine Island Commercial Corridor
(239) 299-6979 Call to check price and availability
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