Value-Add 13-Tenant Property
$8,700,000
847 SE 9th Terrace, Cape Coral, Florida 33990
| Building Size | 50,000 Square Feet |
| Land Size | 1.89 Acres |
| Zoning | I1 |
| Year Built | 1981 |
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.
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.