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Alto Real Estate Funds Sells Northpoint Shopping Center Outlot

Cape Coral Ruby Tuesday Restaurant Trades at $2.5 Million
The Ruby Tuesday restaurant at 1851 NE Pine Isaldn Rd. in Cape Coral, Fla., was built in 2008. (CoStar)
The Ruby Tuesday restaurant at 1851 NE Pine Isaldn Rd. in Cape Coral, Fla., was built in 2008. (CoStar)
By Andrew Costner
October 22, 2019 | 9:20 P.M.

A New York-based private investor acquired the Ruby Tuesday building at 1851 NE Pine Island Road in Cape Coral, Florida, for $2.5 million, or about $524 per square foot, from Alto Real Estate Funds.

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