Shopping Neighborhood
909 SE 47th Terrace
909 SE 47th Terrace, Cape Coral, FL 33904
Listing Price: $2,100,000
Investment Overview
Marcus & Millichap is pleased to exclusively present 909 SE 47th Terrace located in Cape Coral, Florida. The offering is a two-story Office and Retail Mixed-Use asset that totals to 15,788 square feet situated on almost a half-acre lot. The building is strategically located on the corner of SE 47th Terrace and SE 9th Place within the Downtown Cape Coral CRA District. Cape Coral has been recognized as one of the fastest growing cities in the United States and the offering presents an opportunity to acquire an asset in the heart of this rapidly growing market.
909 SE 47th Terrace has historically maintained a high occupancy and is currently operating at 97% occupied. The property has seven retail bays on the ground floor and five office suites on the second floor that are currently operating as mini executive suites. The well-maintained asset is an excellent opportunity for investors to acquire a stabilized deal with immediate upside in leasing out the two vacancies, or an owner-user looking for a space to operate their business while collecting passive income.
909 SE 47th Terrace
Investment Highlights
- Phenomenal Opportunity for both an Investor & Owner/User
- Historical High Occupancy
- 15,788 Square Foot Retail/Office Mixed-Use Asset
- Diverse & Long Term Tenants
- Situated On Almost Half an Acre With Ample Parking
- Contains Multiple Mini Executive Suites That Average 200-300 Square Feet
Exclusively Listed By
Shopping Neighborhood
909 SE 47th Terrace
Listing Price: $2,100,000
Investment Highlights
- Phenomenal Opportunity for both an Investor & Owner/User
- Historical High Occupancy
- 15,788 Square Foot Retail/Office Mixed-Use Asset
- Diverse & Long Term Tenants
- Situated On Almost Half an Acre With Ample Parking
- Contains Multiple Mini Executive Suites That Average 200-300 Square Feet
Investment Overview
Marcus & Millichap is pleased to exclusively present 909 SE 47th Terrace located in Cape Coral, Florida. The offering is a two-story Office and Retail Mixed-Use asset that totals to 15,788 square feet situated on almost a half-acre lot. The building is strategically located on the corner of SE 47th Terrace and SE 9th Place within the Downtown Cape Coral CRA District. Cape Coral has been recognized as one of the fastest growing cities in the United States and the offering presents an opportunity to acquire an asset in the heart of this rapidly growing market.
909 SE 47th Terrace has historically maintained a high occupancy and is currently operating at 97% occupied. The property has seven retail bays on the ground floor and five office suites on the second floor that are currently operating as mini executive suites. The well-maintained asset is an excellent opportunity for investors to acquire a stabilized deal with immediate upside in leasing out the two vacancies, or an owner-user looking for a space to operate their business while collecting passive income.
Exclusively Listed By
