An additional multi-tenant building and a commercial pad are also available for sale
CAPE CORAL, Fla., Sept. 27, 2023 /PRNewswire/ — Thompson Thrift, a full-service nationally recognized real estate company, announced today the sale of two fully leased multi-tenant retail buildings at Cape Coral Commons in Cape Coral. An independent buyer from California purchased the buildings for an undisclosed amount.
“Cape Coral Commons sits at one of the key intersections in one of the country’s fastest growing cities,” said Ryan Menard, vice president of development for Thompson Thrift Commercial. “We are pleased to have completed a successful sale in such a high-traffic area.”
Located at the northwest corner of Del Prado Boulevard and Pine Island Road, Cape Coral Commons spans approximately 13 acres and consists of three 12,000-square-foot, multi-tenant buildings and four 1- to 2-acre outlot parcels. First Watch, Mission BBQ, Firehouse Subs, Tire Kingdom, Paragon Healthcare, Crumbl Cookies, PJ’s Coffee and Visionworks are all open. Encore Nails & Spa and Love Boat Ice Cream will be opening soon.
The remaining multi-tenant building is under construction and Thompson Thrift has commitments or leases for 75% of the shop space. It is anticipated that tenants in that building will open during the second quarter of 2024. Additionally, a 1.14-acre outlot parcel is available for sale or ground lease.
The Pine Island Road corridor sits in the heart of Cape Coral and is a state…
