www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

2612 SANTA BARBARA BLVD #11 Cape Coral FL 33914

[Locked]

Upgrade  
to see sold price and date
Details
Property Type Retail
Building SqFt 23,310
Year Built 2008
Lease Type ******
Remaining Term ******
Days on Market ******
Latitude 26.6034
Longitude -81.9751

Property History

Intelligence Badge
Property Type
Property Type
Retail
Marketing Description
Marcus & Millichap is pleased to offer for sale this 23,310-square-foot shopping center, Towers I is located in Cape Coral, Florida and is fully stabilized at 91 percent occupancy featuring a diverse mix of service and destination based tenants. Three of the major tenants have occupied this space since the center's inception in 2008 and net leases ensure full reimbursements of expenses. Towers I provides an investor the opportunity to purchase a

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.

Investment Highlights
  • 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

Loan History

Intelligence Badge

Financial History

Intelligence Badge

Tax History

Intelligence Badge

Contact Information

Want to pull contact information for hundreds of properties at once? Try our new tool, Data Enrichment, and streamline your workflow. Try Data Enrichment Intelligence Badge
These phone numbers and email addresses are checked against the litigator and TCPA lists. Report an error

Ownership Information

Intelligence Badge

Property Details

Intelligence Badge
There are no additional details for this property

Contacts

Listing removed on
 BY:
MG
Medefind Garner Shiebler Group
•••.•••.4730
•••••••••roup@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
JS
Jim Shiebler, CCIM, CEC PRO
•••.•••.2940
•••.••••bler@••••.com
Brokerage logo

Map

Comparable Properties

Intelligence Badge
*All information is deemed reliable but not guaranteed.
Does any data look off? Help us improve Crexi by offering your feedback!
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591