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506 47Th TerCape Coral, FL 33904

Profitable Medical Office, MRI & X-Ray

Overview

Added:
Dec 11, 2024
Days on market:
117
This 4,891 sq ft Class B medical office building in Cape Coral, FL, is a prime investment opportunity. Currently 100% occupied by two tenants: an owner-user MRI center (including equipment) and a physician services & rehab practice. The building features dedicated MRI and X-ray rooms, representing approximately $2,000,000 in improvements, built to medical imaging standards. The property boasts a highly desirable location, next to Lee Physician Group and near the upcoming Lee Health Clinic at Bimini Square (slated to open Summer 2025), a development including retail, office space, a waterfront restaurant, and 218 apartments. Benefiting from high traffic counts (over 35,000 AADT on Cape Coral Parkway E. and Palm Tree Drive), this single-story, 2-unit building sits on one parcel from Cape Coral Parkway. The property is zoned MXB and offers a strong investment potential in a rapidly growing area (Lee County adds 90 residents daily). The medical tenant leases 2,800 square feet. This is an owner-user opportunity with a strong existing tenant base. The building was constructed in 2002.

Highlights

  • 4,891 SF Class B medical office building in Cape Coral, FL.
  • 100% occupied by two medical tenants: an owner-user MRI center (including equipment) and a physician services & rehab practice.
  • MRI and X-ray rooms with approximately $2,000,000 in medical imaging improvements.
  • Excellent location near Lee Physician Group and the upcoming Lee Health Clinic at Bimini Square.
  • High traffic counts (over 35,000 AADT) and situated on one parcel from Cape Coral Parkway.
  • Zoned MXB, single-story, two-unit building constructed in 2002.

Property Details for 506 47Th Ter

Property type
Office properties, Medical offices
Square Feet
4,891 SF
Class
B
Year Built
2002
Buildings
1
Stories
1
Units
2

Location Insight

City
Cape Coral
County
Lee
State
Florida
Latitude
26.563819020554
Longitude
-81.963176803272
506 47Th Ter, Cape Coral, Florida

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506 47Th Ter
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