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155-159 Hancock Bridge Pky W
Cape Coral, FL 33991

$4,900,000 USD

Storefront For Sale  •  15,175 SF

Property Details

• Property Type Storefront
• Total Building Size 15,175 SF
• Lot Size 1.34 AC
• Building Class B
• Year Built 1997
• Cap Rate 6.67 %
• Tenancy Multiple
• Zoning Commercial Corridor

0 Transit Score

54 Walk Score

Highlights

100% Occupied/Fully-Leased – Merchant Plaza is fully leased and occupied, providing a reliable income stream and a turnkey investment opportunity.

NNN Tenants – All seven tenants operate under NNN leases, allowing the property owner to pass on expenses such as taxes, insurance

Tires Plus – The anchor tenant, has occupied the building since the center’s development, utilizing 36.56% of the gross leasable area (GLA).

Plaza Refurbished in 2023 – The property features a new roof with gutters and soffits, soffit lights, nine new rooftop HVAC package units

Large Parcel/Large Parking Lot – Spanning ±1.2 acres, this property provides a spacious parking area that accommodates both tenants and customers

Cap Rate:

6.67 %

Amenities

• Bus Line
• Dedicated Turn Lane
• Pylon Sign
• Signage

Public Transportation

Airport	Drive	Walk	Distance
Southwest Florida International	36 min	-	22.2 mi
Punta Gorda	35 min	-	24.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	60
Type:	Surface
Included in Rent:	Yes