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27425526
27425527

326 Del Prado Blvd N, Cape Coral, FL 33909

DT
TX TX 714308
Stream Capital Partners
Stream Capital Partners
Listed by Stream Capital Partners
$809,000
238 days on market
Updated 132 days ago
Opportunity zone

Frey Endo Partners

Details
Property Type Office
Sub Type Medical Office
Square Footage 2,677
Cap Rate 6.75%
NOI $54,608
Occupancy 100%
Tenancy Single
Brand/Tenant Medical Office, DSO Lease
Lease Type NNN
Lease Term 10
Lease Expiration 02/23/2032
Remaining Term 5.7
Rent Bumps Yes
Lease Options 2, 5 Year Options
Year Built 2009
Investment Type Net Lease
Tenant Credit Corporate Guarantee

Office | 6.75% CAP | 2,677 SqFt

Marketing description

  • Established Dental Practice backed by Corporate DSO Lease: Specialized Dental Partners is focused on endodontics, periodontics, and oral surgery practices. The company is one of the largest specialized DSOs, supporting more than 200 practices across more than 35 states.

Investment highlights

  • Premier Medical Office Asset: Condo within multi-tenant medical office building located in the heart of Cape Coral, Florida

  • High Visibility & Traffic Count: Easily accessible location on pin corner of Del Prado Blvd. boasting a traffic count of 47k vehicles per day. Del Prado Blvd. is one of Cape Coral’s main retail and medical arteries

  • Cape Coral, Florida: Cape Coral is a densely populated coastal city of South Florida. Current population within 3 miles of the site is 67k with projected growth rates of 42% over the next 10 years. The surrounding trade area offers a strong and growing customer base.

Listing Contacts

DT
TX TX 714308
Stream Capital Partners
Stream Capital Partners
Listed by Stream Capital Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,608.00
$4,550.67/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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Additional Information

Name
Sasha Dominguez
License
#BK3339010
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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