Property History
truly rare investment property that is incredibly located on Main and Main. This property is positioned directly across the street from the brand-new Lucky's Supermarket, projected to be completed in late summer 2019, Publix Supermarket, Target, and Lowe's.
This asset is situated in the absolute center of the burgeoning market of Cape Coral as this city is ranked as the "No. 1 Fastest Growing Small City in the United States," according to Forbes. In fact, the current population is forecasted to double within the next 20 years. Additionally, Cape Coral’s retail zoning is less than five percent of all land mass. Simply put, there is not enough dedicated space to keep up with the population explosion. The Towers I residual value of the core real estate is destined to continue to appreciate throughout the coming decades.
Towers I has been impeccably maintained with a newly resealed and striped parking lot. The property is made up of the highest-grade concrete block construction and building design quality. It has steel rod reinforcements (five to six per footing), non load-bearing interior partition walls, separate electric and all plumbing and electrical is in place for hot water heater installations. Interior walls in this property are divisional and there is versatility of shape and sizes of units (side-to-side or front-to-back). The building has hurricane-proof high-impact glass and also has all copper electric wiring with six-foot loops to be able to strategically move ceiling electric light fixtures upon changing shape and size configurations.
- Location, Location, Location!!!
- Perfectly Situated on Main and Main
- Located in the Exact Crosshairs of the Largest Populated Township in the State of Florida
- Premier Location on the Corner of Veterans Parkway (45,500 Vehicles Per Day) and Santa Barbara Boulevard (25,000 Vehicles Per Day)
- Positioned on a Main Retail and Commuter Artery with Nationally Recognized Tenants Including Firehouse Subs, Five Guys, LabCorp, Sylvan Learning Center and Boost Mobile
- Rare Three-to-Five Percent Annual Increases For Many Tenants
- Highest Barrier-to-Entry
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