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About This Home

This commercial property at 4721 Vincennes Boulevard in Cape Coral, Florida, was built in 1989 on a 0.17-acre lot. It operates as a high cap rate restaurant currently leased to stable tenants under an absolute triple net lease at a 7.2% cap rate. The building sits at the roundabout of Vincennes Boulevard and SE 47th Terrace within the CRA District. The property offers an investment opportunity for ownership of an income-producing restaurant asset in Cape Coral, Florida.

Agent Description

Excellent opportunity to own a High CAP Rate Restaurant with stable tenants in Cape Coral Florida. Located in the CRA District at the roundabout of Vincent's and SE. 47th Terrace. This property offers an absolute Triple Net lease at a 7.2% CAP Rate.

Key Features

  • Built in 1989
  • 0.17 acre lot

Property Details

1 story
1989

Amenities

A/C

Monthly Cost Estimate

$10,696/mo

20% down · 6.5% · 30 years

Principal$1,446
Interest$8,667
Insurance$583

Estimates only. Actual payments may vary.

Location

4721 Vincennes Boulevard

Cape Coral, FL 33904

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 4721 Vincennes Boulevard is listed at $2,000,000. The estimated monthly payment is $8,667 based on 20% down at 6.5% interest.

Key features include: Built in 1989, 0.17 acre lot.

This property is listed by Robert DeRupo and can be reached at 2398786242 or Robert@capecoralrealtygroup.com.

RD

Robert DeRupo

Agent at Schooner Bay Realty, Inc.

(239) 878-6242

Listed by Schooner Bay Realty, Inc.

MLS# 225055684· Source: listhub· Updated 352 days ago

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4721 Vincennes Boulevard, Cape Coral, FL 33904

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