- For Sale $8,700,000
- Property Type Industrial - Warehouse
- Property Size 50,000 SF
- Lot Size 1.89 Acre
- Cap Rate % 6.95
- # of Floors 1
- Parking Spaces Avail. 50
- Parking Ratio 1.00 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1981
- Date Updated Oct 23, 2023
- Clear Height 24'
- Website creconsultants.com
CRE Consultants professionally manages this 50,000± SF warehouse boasting 13 local tenants and a prime location in the Mid-Cape Industrial area, near Viscaya Parkway and Del Prado Boulevard. This pre-engineered metal building is fully sprinklered and features 3-phase 400 AMP power, 12’ x 14’ overhead doors and abundant natural light from new skylights. With the largest lease currently at below-market rents, soon to expire, this presents a compelling value-add opportunity for savvy investors. The owner has recently invested in numerous capital improvements, including a new $700,000 TPO roof and skylights, LED lighting, fresh exterior paint, new overhead doors. Seller financing is available for qualified buyers for up to 45% of the purchase price at 6% interest only monthly payments.
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Location
Getting Around
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Walk Score ®
32/100
Car-Dependent
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Bike Score ®
44/100
Somewhat Bikeable
- City Cape Coral, FL
- Neighborhood Hancock
- Zip Code 33990
- Market Southwest Florida Coast
Points of Interest
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Shell
0.32 miles
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Speedway
0.94 miles
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7-Eleven
1.11 miles
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Speedway
1.16 miles
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Murphy USA
1.38 miles
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Mobil
1.52 miles
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RaceTrac
1.86 miles
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Marathon
1.97 miles
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Sunoco
2.02 miles
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Shell
2.03 miles
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Rosen Park
2.20 miles
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Mid-Point Bridge Toll Plaza
2.42 miles
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Royal Palm
4.84 miles
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Maria's Pizzeria & Restaurant
4.87 miles
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Walker's Hideaway Marina
4.87 miles
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State Farm
4.91 miles
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Twelve Twenty Two Offices & Executive Suites
4.93 miles
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Cape Shore Realty
4.93 miles
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VCA Baywood Animal Hospital & Pet Resort
4.94 miles
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Right Choice Realty
4.96 miles
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Burger King
1.00 miles
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Denny's
1.06 miles
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Papa John's
1.09 miles
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Anthony's
1.10 miles
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Anthony's on the Boulevard
1.11 miles
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Cici's Pizza
1.11 miles
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Time to Eat Tapas & Wine
1.12 miles
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M & A Restaurant & Grocery
1.13 miles
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Moorings
1.14 miles
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Twisted Lobster
1.15 miles
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Key Food
1.45 miles
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Ross
1.51 miles
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Publix
1.56 miles
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Walmart Supercenter
1.56 miles
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Publix
1.59 miles
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Walmart Neighborhood Market
2.01 miles
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Kohl's
2.08 miles
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JCPenney
2.09 miles
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Beall's Outlet
2.14 miles
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Bealls
2.17 miles
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Cape Coral Police Department
0.41 miles
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Cape Coral Fire Department Station 2
0.57 miles
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Cape Coral Hospital
0.90 miles
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CVS Pharmacy
1.08 miles
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D'Agostino Family Chiropractic
1.08 miles
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Advanced Physical Therapy & Rehabilitation
1.19 miles
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Internal Medicine Associates
1.23 miles
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Walgreens
1.28 miles
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Walgreens
1.47 miles
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Walgreens
1.56 miles
Frequently Asked Questions
What is the lease rate for 847-905 SE 9th Terrace?
Rental asking rate at 847-905 SE 9th Terrace is $4,350,000.00/YR.
What is the total square footage of 847-905 SE 9th Terrace?
847-905 SE 9th Terrace totals 50,000 square feet.
When was this property built?
847-905 SE 9th Terrace was built in 1981.
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