Merchant Plaza is back on the market.
The 15,098-square-foot shopping center on Hancock Bridge Parkway in Cape Coral has been listed for sale for $5.4 million by Crownpoint Partners. This is the same firm that just helped a Cincinnati investor buy the Tire Plus-anchored shopping center in July.
According to an offering memorandum from the firm, the center just east of Santa Barbara Boulevard is fully leased with a tenant roster that includes PI Pizza, Tobacco Shop, Lee Nails, Floral Designs, Palm Tree Massage and Cape Palace Arcade. It was renovated in 2023 with a new roof and parking lot…