Property Name:
Merchants Crossing Outparcel(s)
Location:
Lee County, FL
Address:
Pine Island Road and US 41
Description:
We are offering for sale two adjacent 1+/- acre outparcel sites in front of the Merchants Crossing Shopping Center - located just west of the corner of Pine Island Rd. (SR 78) and US 41. The parcels face Pine Island Rd. in front of a Home Depot with excellent ingress/egress for both eastbound and west bound traffic. Approx 25,000 VPD pass this site. The parcels are part of, and connected to, the 390,000sf Merchants Crossings Shopping Center. The parcels are located 1/8th of a mile west of a Super Wal-Mart, and offer excellent exposure to a major retail mix in the major growth area of the North Fort Myers/Cape Coral area. This area is one of the top 5 fastest growing markets in the USA. Over the past five (5) years Cape Coral’s growth has led to the emergence of numerous new developments along Pine Island Road. Kohls, Office Max, Wal Mart, Super Target, Carrabba’s, Bob Evans, Bonefish Grill, Famous Dave’s BBQ and Olive Garden have determined that this corridor is suitable for a new location and have either recently opened or will be coming soon to the area.
Included in the sale are all plans, permits and approvals necessary to develop a 6,000 sf strip center on the western parcel, and a 5,500 sf strip (can include a bank with approved drive thrus) on the eastern parcel.
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