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4519 Del Prado Boulevard South

Reema Bernhardt Acquires Retail Property In Cape Coral From Esteban Madruga For $3.19M
SOLDRetail

Reema Bernhardt Acquires Retail Property In Cape Coral From Esteban Madruga For $3.19M

4519 Del Prado Boulevard South

$3,190,000

$134/SF

Building Size

23,800 SF

Asset Type

Retail

Closing

Apr 21, 2026

AI

The property involved in this transaction is a retail asset located at 4515-4527 Del Prado Blvd South in Cape Coral. The sale price of the property was $3,190,000, with a total square footage of 23,800, resulting in a price per square foot of $134.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,190,000
  • Address: 4515-4527 Del Prado Blvd South
  • Market: Cape Coral
  • Square Footage: 23,800
  • Price per Square Foot: $134

The buyer of the property is Reema Bernhardt, while the seller is Esteban Madruga. The buyer was represented in the transaction by Alex Henderson and Max Molloy from LSI Companies. The seller was represented by Jonathan De La Rosa from Marcus & Millichap.

Players

Jonathan De La Rosa

Marcus & Millichap

Broker

$659M

vol

145 deals

Broker

Cape Coral Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.97%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93