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840 SW 4th ST 1-7 CAPE CORAL FL 33991 MLS #224024375

840 SW 4th ST 1-7
CAPE CORAL, FL, 33991
$1,999,000
Beds
0 Baths
8,866 SqFt
0.73 Acres
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Listing Provided Courtesy of Phil Deems Real Estate
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.

Property Details

Price:
$1,999,000
MLS #:
224024375
Status:
Pending With Contingencies
Baths:
0
Address:
840 SW 4th ST 1-7
Type:
Commercial
City:
CAPE CORAL
Listed Date:
Mar 14, 2024
State:
FL
Finished Sq Ft:
8,866
ZIP:
33991
Lot Size:
31,885 sqft / 0.73 acres (approx)
Year Built:
2007
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840 SW 4th ST 1-7
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