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Last updated on July 12th, 2024

Value-Add 13-Tenant Property


847 SE 9th Terrace, Cape Coral, Florida 33990

Building Size50,000 Square Feet
Land Size1.89 Acres
Year Built1981

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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