Cape Coral Restaurant Investment
4721 Vincennes Blvd Cape Coral, FL 33904
4721 Vincennes Blvd, Cape Coral, FL, 33904
$2,000,000
For Sale
$2,000,000
Restaurant property for sale in Cape Coral, Florida.
Property Size3,750 SF
Price / SF$533.33
Days on Market383
Property Features for 4721 Vincennes Blvd
General Information
- Standard status
- Active
- Size
- 3,750 SF
Listing Agency
Schooner Bay Realty, Inc.
(239) 878-6242
Listed by
Robert DeRupo
(239) 878-6242
Source
Exprealty
Added: Jun 29, 2025 Checked: Jun 1 at 3:00 am
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 Schooner Bay Realty, Inc.
Investment Insights
Based on property information with market context.
This property presents an opportunity to own a restaurant with stable tenants in Cape Coral, Florida. Situated in the CRA District at the roundabout of Vincent’s and SE. 47th Terrace, the property features an absolute Triple Net lease at a 7.2% CAP Rate. The property has a size of 3750 square feet.
Key Highlights
- High 7.2% CAP Rate
- Absolute Triple Net Lease
- Stable Tenants in place
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.0k | $21.60 |
| − Vacancy | −$1.6k | −$0.43 |
| EGI | $79.4k | $21.17 |
| − OpEx | −$19.8k | −$5.29 |
| NOI | $59.5k | $15.88 |
3,750 SF · lease $21.60/SF/yr · vacancy 2.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$850.5K
$744.2K – $992.3K
NOI $59,535 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$973.0K
$851.4K – $1.14M
NOI $68,112 @ 7.0% cap · market cap 3.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cheap Auto Insurance ...
Marketing & Advertising
Front Porch Social
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Catering By Jack & Michael — 4708 SE 8th Ct, Cape Coral, FL 33904
- Red Roc Cravings — 1413 Cape Coral Pkwy E, Cape Coral, FL 33904
- Taco Works — 1017B Cape Coral Pkwy E, Cape Coral, FL 33904
FAQs
What type of property is this?
Restaurant - Restaurant property for sale in Cape Coral, Florida.
Where is this restaurant located?
The property is located at 4721 Vincennes Blvd Cape Coral, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: High 7.2% CAP Rate; Absolute Triple Net Lease; Stable Tenants in place
