Thompson Thrift sells two fully leased multitenant retail buildings in southwest Florida
Thompson Thrift announced the sale of two fully leased multitenant retail buildings at Cape Coral Commons in Cape Coral, Fla. An independent buyer from California purchased the buildings for an undisclosed amount.
"Cape Coral Commons sits at one of the key intersections in one of the country's fastest growing cities," said Ryan Menard, vice president of development at Thompson Thrift Commercial.
Located at the northwest corner of Del Prado Boulevard and Pine Island Road, Cape Coral Commons spans approximately 13 acres and consists of three 12,000-square-foot, multitenant buildings and four 1- to 2-acre outlot parcels. First Watch, Mission BBQ, Firehouse Subs, Tire Kingdom, Paragon Healthcare, Crumbl Cookies, PJ's Coffee and Visionworks are all open. Encore Nails & Spa and Love Boat Ice Cream will be opening soon.
The remaining multitenant building is under construction, and Thompson Thrift has commitments or leases for 75 percent of the shop space. It is ant