- For Sale $10,065,436
- Property Type Retail - Street Retail
- Property Size 24,570 SF
- Units 1
- Lot Size 2.15 Acre
- Parking Spaces Avail. 153
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1978
- Date Updated Jun 15, 2026
Description
Pelican Plaza is strategically located along Bald Eagle Drive in the heart of Marco Island, one of Florida’s most affluent and highly sought-after coastal communities. Surrounded by established neighborhoods, marinas, resorts, restaurants, and neighborhood retail destinations, the property benefits from strong year-round consumer activity generated by both residents and visitors. Situated near the intersection of Bald Eagle Drive and Collier Boulevard, the center offers excellent accessibility and visibility within Marco Island’s primary commercial corridor. The island’s limited commercial land supply, high barriers to entry, and affluent demographic profile support strong retail fundamentals and long-term investment potential.Pelican Plaza is a 24,570± SF neighborhood shopping center situated on 2.15± acres in the heart of Marco Island, one of Southwest Florida's most affluent and supply-constrained retail markets. Strategically positioned along Bald Eagle Drive near the intersection of Collier Boulevard, the property benefits from excellent visibility, strong traffic counts, and a diverse mix of established local and regional tenants. The center features 153 shared parking spaces, approximately 375 feet of frontage, and a tenant roster that includes restaurants, service providers, specialty retailers, and marine-related businesses. Supported by affluent demographics, a thriving tourism economy, and significant barriers to new commercial development, Pelican Plaza presents a rare opportunity to acquire an income-producing retail asset with long-term upside in a highly desirable coastal market.
Highlights
- Affluent demographics supported by year-round residents and seasonal visitors
- Diverse mix of established retail, restaurant, and service-oriented tenants
- High-barrier-to-entry market with limited commercial development opportunities
- Historically high occupancy with strong in-place income
- Prime location in the heart of Marco Island's primary commercial corridor
- Value-add potential through rent growth, lease rollover, and future redevelopment opportunities
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Contacts
Biagio Bernardo
Lee & Associates
Location
Contact Listing Broker
Biagio Bernardo
Lee & Associates