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 already. 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.
• Easy management, highly-maintained, and triple net leases, the industrial portfolio located at 2621 NE 9th Avenue in Cape Coral, Florida is a three-in-one package, literally! On site, there are three buildings that are fully leased. This facility has the flexibility of accommodating more than a dozen tenants who are looking for small to midsize units with desirable warehouse and office space. If you are looking for a great return with little investment expenses, this property is ideal! The triple net leases give the property owner peace of mind if there are possible expense increases such as insurance rate fluctuations and additional maintenance costs. Where applicable these costs can be added to the common area maintenance charges. The property is in excellent condition and is located in the tropical city of Cape Coral. The city is growing tremendously and there is a high demand for industrial warehouse space. The portfolio is conveniently located in the mid-eastern side of the North Cape Industrial Park. It is a great access point for tenants that want to easily access other businesses within the park. Tenants have said they enjoy this location because it is ideal for collaborative work within the North Cape Industrial Park, which helps explain why it is completely occupied. That's right, there are no vacancies at this location! The moment you walk or drive into the facility you are greeted by plenty of parking spaces for tenants and visitors (approximately 40 marked parking spaces) and a corridor of units separated into three buildings. The layout of the property consists of two buildings adjacent to each other on the left and one building on the right. It comes with ease of access in this busy industry! This facility has been highly-maintained! This property is currently managed by Sunizo Superior Realty Management, a commercial property management company with extensive experience in maintaining industrial warehouses, collecting rent, and capital improvements. The property managers at this location have their feet on the ground, checking in at minimum once a month to ensure the facility is excellently maintained. They know and understand the needs of the tenants. The team is nearby in case of any emergencies and are headquartered in neighboring city, Fort Myers. They work with the best vendors who are quick, efficient, and effective at quickly but thoroughly preparing units for the next tenant in a seamless and succinct manner. All units are prepared for the new tenant with the utmost-care and in a uniform manner as to provide a superior space for the next business or individual. Sunizo also collects rent and works on the capital improvement for this facility. It currently has a long intimate and verified history maintaining this facility. The tenants at this location range from a welding business to a wholesale company and have been vetted prior to their lease. Sunizo Superior Realty Management has carefully verified the criminal, credit, and eviction background of each tenant under its management during the application process. Furthermore, they also verify the income of each prospective tenant to ensure they can afford their lease. The facility has great highly-qualified tenants! The North Cape Industrial Park is an attractive location for business owners engaged in industrial activity because industrial warehouse options in the city are limited and many want to work where they live. 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 busy US-41. 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. It is also occupied in an ideal location. 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. Cape Coral also has incentives for business owners that open up or relocate in 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.