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33630819
33630818

713 Bald Eagle Drive, Marco Island, FL 34145

BB
FL BK3233508
Lee & Associates - Naples
BY
FL 3020101, FL SL3020101
Lee & Associates - Naples
Listed by Lee & Associates - Naples
$10,065,436
3 days on market
Updated 3 days ago

Retail Investment Opportunity on Marco Island

Details
APN 57040320007
Property Type Retail
Sub Type Restaurant, Shopping Center
Square Footage 24,570
Units 10
Cap Rate 6.00%
NOI $603,926
Occupancy 100%
Tenancy Multi
Lease Type NNN
Class B
Year Built 1978
Acreage 2.150
Zoning C4
Parking Spaces 153 spaces
Parking Per SqFt 6.23
Investment Type Stabilized
Ground Lease No

Retail | 6.00% CAP | 24,570 SqFt

Marketing description

Please Download→ Confidentiality Agreement and Return for OM

Pelican Plaza is a 24,570± SF neighborhood shopping center situated on 2.15± acres in the heart of Marco Island, one of Southwest Florida's most affluent and supply-constrained retail markets. Strategically positioned along Bald Eagle Drive near the intersection of Collier Boulevard, the property benefits from excellent visibility, strong traffic counts, and a diverse mix of established local and regional tenants. The center features 153 shared parking spaces, approximately 375 feet of frontage, and a tenant roster that includes restaurants, service providers, specialty retailers, and marine-related businesses. Supported by affluent demographics, a thriving tourism economy, and significant barriers to new commercial development, Pelican Plaza presents a rare opportunity to acquire an income-producing retail asset with long-term upside in a highly desirable coastal market.

Investment highlights

  • Prime location in the heart of Marco Island's primary commercial corridor
  • Diverse mix of established retail, restaurant, and service-oriented tenants
  • Historically high occupancy with strong in-place income
  • High-barrier-to-entry market with limited commercial development opportunities
  • Affluent demographics supported by year-round residents and seasonal visitors
  • Value-add potential through rent growth, lease rollover, and future redevelopment opportunities

Listing Contacts

BB
FL BK3233508
Lee & Associates - Naples
BY
FL 3020101, FL SL3020101
Lee & Associates - Naples
Listed by Lee & Associates - Naples

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$603,926.00
$50,327.17/mo

Valuation Metrics

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DSCR
6%
Cap Rate
6%
ROI

Map

Zoning

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C-4 CommercialGeneral CommercialGeneral Commercial
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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