City Mattress’ expansion into Cape Coral is starting to take shape. The Bonita Springs-based company purchased a 1.26-acre lot in Cape Coral Commons for $1.2 million on March 11, according to property records. Located at 915 NE 15th Place, it is set to become the eighth City Mattress location in Southwest Florida.
Danielle Robinson, director of Colliers International Southwest Florida, represented the seller, Pine Island Cape Coral, FL LLC, and Mike Concilla of LandQwest Commercial represented the buyer.
Cape Coral Commons is a new 13-acre retail development still under construction on the northwest corner of Pine Island Road and Del Prado Boulevard. Thompson Thrift Retail Group began construction in April 2020, and expects it to be completed in the third quarter of this year, according to Colliers officials.
Only two lots remain available in the development with current tenants including Tire Kingdom, First Watch, Mission BBQ, Firehouse Subs, PJ’s Coffee, Encore Nail Bar and Love Boat Ice Cream.
“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,” Robinson said.
In Southwest Florida, City Mattress currently has seven open locations, four in Fort Myers, two in Naples and one in Estero.