Location Summary

• Cape Coral is located in beautiful Southwest Florida. The city is distinct, adorned with neighborhoods filled with canals and ideal access to the Gulf of Mexico. The Matlacha Pass Aquatic Preserve and Caloosahatchee River surround parts of the city. It is a vibrant community with a strong business work sector. Many of the businesses cater to local features of the area including marine-related industries, hospitality, tourism, and more. The region also has a robust health care system. According to the city, the median age of residents is 42 years old and officials have also noted millennials are coming to the area.
• Cape Coral is also ideally located between major cities such as Miami and Tampa, and is north of Naples. It is one of the ten largest cities in Florida. According to the Cape Coral Economic Development Department, the city is only approximately 50% built out with about 200,000 residents. It is celebrating 50 years after being incorporated in 1970, according to the Cape Coral Chamber of Commerce. City officials are working to bring even more business to the area.
• The residents of Cape Coral enjoy an exceptional quality of life. In the city, they have access to a plethora of activities including kayaking, swimming, and golfing. Fishing and boating are an intricate part of the lifestyle for many who call Southwest Florida home. The city is filled with parks and is surrounded by museums and theaters both in Cape Coral and throughout Southwest Florida. Tourism is also a key factor, with millions of people traveling to Florida each year. In the county, there are also two professional baseball stadiums CenturyLink Sports Complex- Hammond Stadium and Jet Blue Park where the Boston Red Sox and Minnesota Twins come for spring training. Cape Coral is also the neighboring city of Fort Myers which is home to the famous and highly-visited Edison & Ford Winter Estates. The local wildlife is impressive from what lies under the sea ranging from alligators to dolphins, to what animals and birds live on land such as the burrowing owls. Cape Coral benefits from both fresh and salt waterways. Southwest Florida has premiere beaches as well, each year visitors from all around the world come for vacations and even extended stays. The population increases substantially with seasonal residents. Plenty of vacationers have explored the area and have decided to call Cape Coral their home. Many move here to live a paradise inspired lifestyle.
• The property located at 830 NE 24th Lane in Cape Coral, Florida boasts no vacancies. Ideally located in the northeast corridor of Cape Coral, Florida, this facility is in great condition. There are currently four tenants at this location including Dish Network Service, LLC. There are long-term tenants at this location and there is ample parking. There are currently more than 50 marked parking spaces at this industrial building. There is also space surrounding the facility throughout for additional parking. The back of the facility also has a large grass area. This property is located within the North Cape Industrial Park and has great access to the park. It is located on the first street on the right when you first enter the park. The facility is managed by Sunizo Superior Realty Management, a commercial property management company with extensive knowledge in maintaining industrial warehouses, collecting rent, and capital improvements. The North Cape Industrial Park is an attractive location for business owners engaged in industrial activity because the infrastructure is already established within the park. This industrial park is a unique feature in Cape Coral because industrial warehouse options in the city are limited. As the tropical metropolitan continues to grow, city leaders are diligently working to bring more developers to the area to keep up with the demand. This is one of the many reasons why Cape Coral boasts low vacancy rates in its industrial warehouses. Much of the land is undeveloped with limited product in the industrial sector. This is an investment opportunity for those looking for low vacancy rates for their property portfolio. Businesses and tenants within the park have the added benefit of having similar businesses that they can develop partnerships and collaborations within one central location. The park is within miles of major roads in Cape Coral including Pine Island Road and Del Prado Boulevard. Cape Coral is located in Lee County which is a perfect destination for businesses because they have access to I-75 which runs through the center of the county and US 41. Cape Coral also has incentives for business owners that open in or relocate to the city including infrastructure grants, synthetic TIF, deferral or impact fees, and employment incentives. CoStar Market Analysts have also said that another attractive feature for business owners to come to Cape Coral is the high population growth of residents and seasonal visitors. Investors and business owners have the benefit of minimal product competition for industrial warehouses in the city, low vacancy rates, business incentives, attractive inherent features and the existing infrastructure of the park for tenants, as well as location advantages.