CrownPoint Partners Facilitates $4.5 Million Sale of Neighborhood Shopping Center in Cape Coral, Florida

Strategic Insights -

CrownPoint Partners, a national real estate brokerage and advisory firm, has facilitated the sale of Merchants Plaza, a fully leased neighborhood shopping center in Cape Coral, Florida, to a private Midwest-based real estate investment firm for $4.5 million. The sale represents a 91% return on the original list price of $4.9 million, demonstrating CrownPoint Partners' expertise in negotiating favorable deals. The center's 100% occupancy by seven tenants, including national brands and local businesses, makes it an attractive investment opportunity.

Key Takeaways:

  • CrownPoint Partners represented the buyer, a private Midwest-based real estate investment firm, in the $4.5 million sale of Merchants Plaza, a fully leased neighborhood shopping center in Cape Coral, Florida.
  • The sale represents a 91% return on the original list price of $4.9 million, showcasing CrownPoint Partners' negotiation skills.
  • Merchants Plaza, spanning 15,098 square feet, is 100% occupied by seven tenants, including Tires Plus, PI Pizza, Tobacco Shop, and other local businesses.
  • The center benefits from its strategic location at the intersection of Pine Island Road, Santa Barbara Boulevard, and Hancock Bridge Parkway, three of Cape Coral's busiest thoroughfares.
  • According to a January 2024 report by the Cape Coral Economic Development Office, commercial construction permits rose 58% year-over-year, with Pine Island Road identified as one of the city's most active retail corridors.
  • CrownPoint Partners arranged financing through Trinity Capital Corp, ensuring a seamless closing for both the buyer and lender.
  • Merchants Plaza was refurbished in 2023, featuring a new roof, upgraded HVAC systems, LED lighting, a new pylon sign, and enhanced exterior finishes, making it a turnkey investment opportunity.

Statistics:

  • $4.5 million: Sale price of Merchants Plaza
  • 91%: Return on original list price of $4.9 million
  • 15,098 square feet: Size of Merchants Plaza
  • 7: Number of tenants at Merchants Plaza
  • 58%: Rise in commercial construction permits year-over-year in Cape Coral, according to the January 2024 report by the Cape Coral Economic Development Office

Sources:

  • CrownPoint Partners
  • M2 PRESSWIRE - July 17, 2025
  • Cape Coral Economic Development Office - January 2024 report