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840 SW 4th ST 1-7

CAPE CORAL, FL 33991

MLS#: 224024375

$1,999,000

Status: Closed
Listing number: 224024375
Listing provided by: Phil Deems Real Estate
Listing agent phone: None
Last update: 1 year, 9 months ago
On site: 2 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2007

Sq.Footage

8,866

This is a well maintained multi tenant professional office building located along the Pine Island Road Corridor and conveniently located behind Bonefish Grill, Dante's Pizza, House of Omelet's and Leslie's Pools. Easy access from Chiquita Blvd, Pine Island Road and Skyline Blvd. One 1,200 sf unit will becoming avaiable within the next 30 days giving a buyer the chance to occupy the space as an owner user or release the unit at market rent. Current cap rate should hover in the range of 5.8% - 6% and should continue to increase with the annual rent increases that are built in existing leases. Units 1 through 6 are approximately 1,200 sf each, with unit 7 coming in at 1,800 sf.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    YES

Area & Lot

  • Lot Features

    Waterfront

  • Lot Size(acres)

    0.732

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $1,999,000

  • Tax Amount

    $15,582.46

  • Zoning

    CORR

  • Sq. Footage

    8, 866

  • Price/SqFt

    $225

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

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Location

County

Lee

Elementary School

Middle School

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Listing Courtesy of Phil Deems , Phil Deems Real Estate

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Agent Julia McCabe

Agent | Realtor®

Julia McCabe

Call Julia today to schedule a private showing.

(610) 585-9923

juliamccabeswfl@gmail.com


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This is a well maintained multi tenant professional office building located along the Pine Island Road Corridor and conveniently located behind Bonefish Grill, Dante's Pizza, House of Omelet's and Leslie's Pools. Easy access from Chiquita Blvd, Pine Island Road and Skyline Blvd. One 1,200 sf unit will becoming avaiable within the next 30 days giving a buyer the chance to occupy the space as an owner user or release the unit at market rent. Current cap rate should hover in the range of 5.8% - 6% and should continue to increase with the annual rent increases that are built in existing leases. Units 1 through 6 are approximately 1,200 sf each, with unit 7 coming in at 1,800 sf.

840 SW 4th ST 1-7

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