City Mattress purchases land for new store in Cape Coral Commons
City Mattress has purchased a 1.26-acre lot in Cape Coral Commons for a new Cape Coral location.
This will be City Mattress’ eighth Southwest Florida location. The property is at 915 N.E. 15th Place in Cape Coral and the officials previously said it would be a “flagship” location.
Dannielle Robinson of Colliers represented the seller, Pine Island Cape Coral FL, LLC, and Mike Concilla of LandQwest Commercial Real Estate represented the buyer.
“Cape Coral Commons is located on the Pine Island Road corridor, which sits in the heart of Cape Coral. The location, paired with the rapid growth of Cape Coral and excellent co-tenancy in the development, make this the perfect location for City Mattress’ new location,” said Robinson, director of Colliers.
Cape Coral Commons is a new 13-acre retail development under construction on the northwest corner of Pine Island Road and Del Prado Boulevard in Cape Coral.
The developer, Thompson Thrift Retail Group, began construction in April 2020 and expects to complete construction in the third quarter of this year.
Currently, only two lots remain in the development. Current tenants include Tire Kingdom, First Watch, Mission BBQ, Firehouse Subs, Pj’s Coffee, Encore Nail Bar and Love Boat Ice Cream.
Construction on City Mattress is expected to be complete in the third quarter of this year.