Beall’s Department Store – Cape Coral, Florida
The subject property is a 75,000 square foot Beall’s Department Store located in Cape Coral, Florida and is a free standing building that is shadow-anchored by Home Depot, as well as retailers part of Merchant’s Crossing including JoAnn Fabrics, Planet Fitness, Home Centric, and 16 screen AMC Theatres. The north end of Merchants Crossing is being redeveloped to accommodate 275 multifamily units as well as over 30,000 square feet of outdoor amenity space. Founded in 1915, Beall's includes over 500 stores and Beall's is the destination of choice for casual lifestyle and priced-right apparel and home merchandise. The property is situated between Pine Island Rd and Highway 41 with combined traffic counts over 60,000VPD. Within a 5-mile radius of the site there are over 130,000 people with average household incomes over $76,000.