CARLOS ACOSTA, CCIM 239.823.0115 [email protected]CRES Commercial Real Estate Services of SWFL, INC 1490 NE Pine Island Rd Suite 6F • Cape Coral, FL 33909 239.980.0081 • cresswfl.com LEASE RATE $25.00 - 35.00 SF/YR OFFERING SUMMARY Units Available: Office Bldg: 935 - 11,000 sf, Retail Bldg 1: 1,400-9,316 sf, Retail Bldg 2: 1,400-9,316 sf Lease Type: NNN Zoning: CORR (CCC) DEMOGRAPHICS 1 MILE 5 MILES 10 MILES Total Population 3,528 99,793 273,642 Total Households 1,193 35,916 114,370 Median Age 35.0 38.9 45.9 Average HH Income $63,688 $61,355 $65,266 PROPERTY OVERVIEW Pine Island Village is a Class A office and retail development located in Cape Coral's prime northeast commercial corridor. The property features plenty of parking surrounding one 2-story office building with 11,000 SF available and two retail buildings with 9,316 SF available. Each retail building offers 1 drive-thru available to national, regional and local retailers. Tenants and customers will also enjoy seating around the four fountain water features and gazebo in the center of the Village. FOR LEASE Information herein is supplied by owners, public records and third parties. It is believed to be accurate but is offered for descriptive purposes only and no warranty is made by the Seller or its agents, nor should any be implied. All parties should independently verify all facts to their satisfaction. 1311 NE PINE ISLAND RD, CAPE CORAL, FL 33909 NOW LEASING! RETAIL/OFFICE PRIME LOCATION Property Summary
CRES Commercial Real Estate Services of SWFL, INC1490 NE Pine Island Rd Suite 6F • Cape Coral, FL 33909
239.980.0081 • cresswfl.com
LEASE RATE $25.00 - 35.00 SF/YROFFERING SUMMARY
Units Available: Office Bldg: 935 - 11,000 sf,
Retail Bldg 1: 1,400-9,316 sf,
Retail Bldg 2: 1,400-9,316 sf
Lease Type: NNN
Zoning: CORR (CCC)
DEMOGRAPHICS
1 MILE 5 MILES 10 MILES
Total Population 3,528 99,793 273,642
Total Households 1,193 35,916 114,370
Median Age 35.0 38.9 45.9
Average HH Income $63,688 $61,355 $65,266
PROPERTY OVERVIEWPine Island Village is a Class A office and retail development located in Cape Coral's primenortheast commercial corridor. The property features plenty of parking surrounding one2-story office building with 11,000 SF available and two retail buildings with 9,316 SFavailable. Each retail building offers 1 drive-thru available to national, regional and localretailers. Tenants and customers will also enjoy seating around the four fountain waterfeatures and gazebo in the center of the Village.
FOR
LEAS
E
Information herein is supplied by owners, public records and third parties. It is believed to be accurate but is offered for descriptive purposes only and no warranty is made by the Seller or its agents, nor should any be implied. All parties should independently verify all facts to their satisfaction.
1311 NE PINE ISLAND RD, CAPE CORAL, FL 33909NOW LEASING! RETAIL/OFFICE PRIME LOCATION
CRES Commercial Real Estate Services of SWFL, INC1490 NE Pine Island Rd Suite 6F • Cape Coral, FL 33909
239.980.0081 • cresswfl.com
OFFICE SPACE 935 – 11,000 SF, RETAIL BLDG 1: 1,400 – 9,316 SF, RETAIL BLDG 2: 1,400 – 9,316 SF
CAPE CORAL, FL 33909
1311 NE PINE ISLAND RD Cape Coral, FL 33909
For Lease
Information herein is supplied by owners, public records and third parties. It is believed to be accurate but is offered for descriptive purposes only and no warranty is made by the Seller or its agents, nor should any be implied. All parties should independently verify all facts to their satisfaction.
CRES Commercial Real Estate Services of SWFL, INC1490 NE Pine Island Rd Suite 6F • Cape Coral, FL 33909
239.980.0081 • cresswfl.com
CAPE CORAL, FL 33909
1311 NE PINE ISLAND RD Cape Coral, FL 33909
For Lease
Information herein is supplied by owners, public records and third parties. It is believed to be accurate but is offered for descriptive purposes only and no warranty is made by the Seller or its agents, nor should any be implied. All parties should independently verify all facts to their satisfaction.
CRES Commercial Real Estate Services of SWFL, INC1490 NE Pine Island Rd Suite 6F • Cape Coral, FL 33909 • 239.980.0081 • cresswfl.com 1
Cape CoralCape Coral is the 8th largest city with a consistently
growing population of more than 200,000 residents.
Forbes magazine reports that the Cape Coral metro
area is among the top 10 fastest-growing cities in the
nation for jobs and population (Moody’s Analytics,
2018). The Sunshine State consistently ranks among
the top 10 best states for its cost of doing business
because there is no state income tax, and Florida
offers a competitive workforce environment and
streamlined, pro-business regulations. Corporate
headquarter executives from the midwest to the
northeast are increasingly choosing to expand their
operations in Cape Coral. With so much to see and
do, millennials are also discovering that the city is an
ideal place to live, work and play.
CAPE CORAL, FL 339091311 NE PINE ISLAND RD
City of Cape Coral Summary
CRES Commercial Real Estate Services of SWFL, INC1490 NE Pine Island Rd Suite 6F • Cape Coral, FL 33909 • 239.980.0081 • cresswfl.com 2
Cape Coral Receives Frequent Recognition in Top Rankings.
See What Industry Insiders are Saying About Cape Coral....
Local Level Accolades
1311 PINE ISLAND RD, CAPE CORAL, FL 33909PINE ISLAND VILLAGE
Cape Coral
CRES Commercial Real Estate Services of SWFL, INC1490 NE Pine Island Rd Suite 6F • Cape Coral, FL 33909 • 239.980.0081 • cresswfl.com 3
Cape Coral Receives Frequent Recognition in State Top Rankings.
See What Industry Insiders are Saying About Cape Coral....
State Level Accolades
1311 PINE ISLAND RD, CAPE CORAL, FL 33909PINE ISLAND VILLAGE
Cape Coral
Executive SummaryCape Coral City, FL 9 Prepared by EsriCape Coral City, FL (1210275)Geography: Place
Cape Coral ci...Population
2000 Population 104,4412010 Population 154,3172019 Population 180,4882024 Population 197,2132000-2010 Annual Rate 3.98%2010-2019 Annual Rate 1.71%2019-2024 Annual Rate 1.79%2019 Male Population 48.8%2019 Female Population 51.2%2019 Median Age 45.5
In the identified area, the current year population is 180,488. In 2010, the Census count in the area was 154,317. The rate of change since 2010 was 1.71% annually. The five-year projection for the population in the area is 197,213 representing a change of 1.79% annually from 2019 to 2024. Currently, the population is 48.8% male and 51.2% female.
Median Age
The median age in this area is 45.5, compared to U.S. median age of 38.5.Race and Ethnicity
2019 White Alone 86.0%2019 Black Alone 4.8%2019 American Indian/Alaska Native Alone 0.3%2019 Asian Alone 1.8%2019 Pacific Islander Alone 0.1%2019 Other Race 4.2%2019 Two or More Races 2.9%2019 Hispanic Origin (Any Race) 24.3%
Persons of Hispanic origin represent 24.3% of the population in the identified area compared to 18.6% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 53.0 in the identified area, compared to 64.8 for the U.S. as a whole.
Households2019 Wealth Index 872000 Households 41,7302010 Households 60,7722019 Total Households 70,1282024 Total Households 76,2342000-2010 Annual Rate 3.83%2010-2019 Annual Rate 1.56%2019-2024 Annual Rate 1.68%2019 Average Household Size 2.57
The household count in this area has changed from 60,772 in 2010 to 70,128 in the current year, a change of 1.56% annually. The five-year projection of households is 76,234, a change of 1.68% annually from the current year total. Average household size is currently 2.57, compared to 2.53 in the year 2010. The number of families in the current year is 49,840 in the specified area.
Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50 or more owner-occupied housing units. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024. Esri converted Census 2000 data into 2010 geography.
Executive SummaryCape Coral City, FL 9 Prepared by EsriCape Coral City, FL (1210275)Geography: Place
Cape Coral ci...Mortgage Income
2019 Percent of Income for Mortgage 21.4%Median Household Income
2019 Median Household Income $56,6442024 Median Household Income $63,0642019-2024 Annual Rate 2.17%
Average Household Income
2019 Average Household Income $73,8582024 Average Household Income $85,2032019-2024 Annual Rate 2.90%
Per Capita Income2019 Per Capita Income $28,8382024 Per Capita Income $33,1022019-2024 Annual Rate 2.80%
Households by IncomeCurrent median household income is $56,644 in the area, compared to $60,548 for all U.S. households. Median household income is projected to be $63,064 in five years, compared to $69,180 for all U.S. households
Current average household income is $73,858 in this area, compared to $87,398 for all U.S. households. Average household income is projected to be $85,203 in five years, compared to $99,638 for all U.S. households
Current per capita income is $28,838 in the area, compared to the U.S. per capita income of $33,028. The per capita income is projected to be $33,102 in five years, compared to $36,530 for all U.S. households Housing
2019 Housing Affordability Index 1102000 Total Housing Units 46,981
2000 Owner Occupied Housing Units 33,4512000 Renter Occupied Housing Units 8,2792000 Vacant Housing Units 5,251
2010 Total Housing Units 78,9542010 Owner Occupied Housing Units 44,0782010 Renter Occupied Housing Units 16,6942010 Vacant Housing Units 18,182
2019 Total Housing Units 89,7852019 Owner Occupied Housing Units 51,9402019 Renter Occupied Housing Units 18,1882019 Vacant Housing Units 19,657
2024 Total Housing Units 97,1862024 Owner Occupied Housing Units 57,4052024 Renter Occupied Housing Units 18,8292024 Vacant Housing Units 20,952
Currently, 57.8% of the 89,785 housing units in the area are owner occupied; 20.3%, renter occupied; and 21.9% are vacant. Currently, in the U.S., 56.4% of the housing units in the area are owner occupied; 32.4% are renter occupied; and 11.2% are vacant. In 2010, there were 78,954 housing units in the area - 55.8% owner occupied, 21.1% renter occupied, and 23.0% vacant. The annual rate of change in housing units since 2010 is 5.88%. Median home value in the area is $247,378, compared to a median home value of $234,154 for the U.S. In five years, median value is projected to change by 2.18% annually to $275,594.
Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50 or more owner-occupied housing units. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024. Esri converted Census 2000 data into 2010 geography.
