1025 Santa Barbara Blvd, Cape Coral, FL 33991

Commercial property for lease

  • Description
  • Community Shopping Center located on a prominent corner at a signalized intersection. Tenants are a variety of service oriented business with little exposure to internet sales. Buildings are well maintained with excellent curb appeal to attract customers to the tenants. The shopping center is located on the south-east the corner of the signalized intersection of Santa Barbara Blvd., a major, 6 lane, north-south traffic artery, and Nicholas Parkway, a major 4 lane east-west artery. The center wraps around a very busy 7-Eleven, with a CVS pharmacy across the intersection to the north, and a Speedway to the west. .Two buildings 1025 and 1031 Santa Barbara Blvd. provide approximately 21,000 sf of retail and office space. Building one is anchored by a 2800 sf restaurant and building two is anchored by a 2000 sf computer repair and sales tenant.There are 69 parking spaces in the center and owner is constructing 44 additional parking spaces on the vacant land at 124-128 Nicholas Pkwy E has been approved. A storm water retention pond is located on SE 11th Terrace to the east of 1031 Santa Barbara Blvd.Sale includes 20,00 sf of additional parking lot which has been approved by the City of Cape Coral and for which engineering plans have been submitted for the City approval. Highlights: (1) Proforma Cap Rate 8.3%(2) 100,000 residents within 10 minute drive time with $61,634 median household income(3) 194,000 residents with in 15 minute drive time with $59,850 median household income(4) Located on prominent corner at a major signalized intersection(5) Easy access from Santa Barbara Blvd, a 6 lane retail corridor traffic artery(6) Close proximity to the City Government Center and main US Post Office
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 113
    Parking Type: Surface
  • Spaces Available

    Space 1

    Suite/Floor: 1
    Rental Rate: $11.00 SF/Year
    Occupancy: Vacant
    Date Available: Sep 2019
    Lease Term: 36 Months
    Added Date: 14 Aug, 2019
  • Contact info
  • Bruce S. Preble
  • Note
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  • Property Details
  • Building Name: Santa Barbara Plaza
    Property Type: Commercial (Other)
    Status: Available
    Price: $ 1,012
    Lot Size: 2.700 Acres
    Number of Stories: 1
    Year Built: 2008
    Year Renovated: 2017
    Submarket: Community Center
    MSA: Cape Coral-Fort Myers
    Zoning: C-1
    Buildings: 2
    Broadband Internet: Cable
    Construction: Stucco
    Added: 12/07/2018
    Last Update: 08/14/2019

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