Naples Investor Acquires Two Office Buildings On Del Prado Boulevard In Cape Coral For $1.43M

Two office buildings located at 4202 and 4206 Del Prado Boulevard in Cape Coral were sold for a combined amount of $1,430,000. The properties, totaling 4,449 square feet, were sold to an investor based in Naples through an LLC. The 4202 Del Prado property was sold for $781,000, while 4206 Del Prado was sold for $650,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $1,430,000
• Address: 4202 & 4206 Del Prado Boulevard
• Market: Cape Coral
• Broker: Mike Trivett - LSI Companies
• Square Footage: 4,449 SF
• Price per Square Foot: $321

This transaction involved Mike Trivett from LSI Companies, who acted as the broker representing the seller in the deal. The sale reflects a noteworthy appreciation in value for both office properties in the area.