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1520 SE 46th Ln 6,500 SF 100% Leased Retail Building Cape Coral, FL 33904 $1,690,000 ($260/SF) 8.14% Cap Rate
INVESTMENT HIGHLIGHTS
- Located in the heart of Downtown Cape Coral High-growth area with excellent exposure and accessibility
- Zoned SC– multiple use allowances 100% leased with stable tenants Ideal long-term investment or redevelopment opportunity
EXECUTIVE SUMMARY
Outstanding opportunity to own a fully leased 6,500 sq. ft. retail building in the vibrant and fast-growing South Cape area of Downtown Cape Coral. Situated in a high-visibility location with strong vehicle traffic, this property is zoned South Cape district, allowing for a wide variety of commercial uses and future redevelopment potential. This income-producing asset is 100% occupied with a solid tenant mix, offering immediate cash flow for investors. UNIT A (2650 SF) is in the middle of a large renovation. Unit B was renovated in 2021, and Unit C was renovated in 2023. Located in one of Southwest Florida’s most dynamic commercial markets, this property benefits from ongoing residential and commercial growth, nearby nightlife, shopping, and entertainment attractions.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$179,830
|
$27.67
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$179,830
|
$27.67
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $179,830 |
| Annual Per SF | $27.67 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $179,830 |
| Annual Per SF | $27.67 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,500 SF
Building Class
C
Year Built/Renovated
1976/2025
Price
$1,690,000
Price Per SF
$260
Cap Rate
8.14%
NOI
$137,580
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.29 AC
Zoning
SC - The SC zoning provides a variety of uses as the building is located within the CRA of Downtown Cape Coral.
Parking
10 Spaces (1.54 Spaces per 1,000 SF Leased)
Frontage
110’ on 46th Ln
AMENITIES
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- ECO C.E.O. LLC
- Retailer
- 1,180 SF
- $30.00
- Triple Net
- Jan 2028
- EIGHT FOOT BREWING
- Retailer
- 1,490 SF
- $14.00
- Triple Net
- Feb 2026
- Marine Detail Supply Company, LLC
- Retailer
- 1,180 SF
- $24.00
- Triple Net
- Sep 2025
- Marine Detail Supply Company, LLC.
- Retailer
- 2,650 SF
- $20.00
- Triple Net
- Dec 2027
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| ECO C.E.O. LLC | Retailer | 1,180 SF | $30.00 | Triple Net | Jan 2028 | |
| EIGHT FOOT BREWING | Retailer | 1,490 SF | $14.00 | Triple Net | Feb 2026 | |
| Marine Detail Supply Company, LLC | Retailer | 1,180 SF | $24.00 | Triple Net | Sep 2025 | |
| Marine Detail Supply Company, LLC. | Retailer | 2,650 SF | $20.00 | Triple Net | Dec 2027 |
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 07-45-24-C3-00362.0110 | Improvements Assessment | $496,961 |
| Land Assessment | $187,500 | Total Assessment | $702,517 |
PROPERTY TAXES
Parcel Number
07-45-24-C3-00362.0110
Land Assessment
$187,500
Improvements Assessment
$496,961
Total Assessment
$702,517
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1520 SE 46th Ln
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