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Eye Health America | +9.5 Yrs Remaining | NNN 112 Del Prado Blvd 9,244 SF 100% Leased Office Building Cape Coral, FL 33909 $4,951,088 ($535.60/SF) 6.25% Cap Rate



INVESTMENT HIGHLIGHTS
- High Caliber Operator – The property is anchored Eye Health America – a leading regional ophthalmology operator with 53 locations across Florida, Geor
- NNN Lease – The tenant lease is strategically structured as a NNN lease with tenant responsible for all CAM, insurance, and taxes. This makes this inv
- Favorable Depreciation – This investment opportunity offers investors the ability to capture material tax savings by realizing bonus depreciation thro
- Long-Term Lease – Investors will benefit from a lease with over nine years of remaining term.
- Above Market Rental Escalators – This investment features 3% annual escalators which is above the national average and also serves as a great hedge ag
- Attractive Real Estate – The property features institutional quality finishes offering investors attractive real estate.
EXECUTIVE SUMMARY
Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,244 SF
Building Class
B
Year Built
2020
Price
$4,951,088
Price Per SF
$535.60
Cap Rate
6.25%
NOI
$309,433
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
9,244 SF
Building FAR
0.14
Lot Size
1.49 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
50 Spaces (5.41 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 07-44-24-C3-01484.0420 | Improvements Assessment | $2,366,519 |
| Land Assessment | $974,220 | Total Assessment | $3,446,431 |
PROPERTY TAXES
Parcel Number
07-44-24-C3-01484.0420
Land Assessment
$974,220
Improvements Assessment
$2,366,519
Total Assessment
$3,446,431
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Eye Health America | +9.5 Yrs Remaining | NNN | 112 Del Prado Blvd
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