Class A third floor office/medical space

Office for Sale
Catylist Listing ID: 30406342
Property Subtypes: Medical, Office Building
Building Size (RSF): 1,980 SF
Gross Building Area: 23,780 SF
Gross Land Area: 10 Acres
Sale Price: $989,000
Unit Price: $499.49 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Veterans Park Commons
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 10/21/2019

Overview / Comments

Prime Investment Opportunity. National tenant is offering a 6% CAP Rate on a five year NNN lease with yearly escalators. Highly sought after location - near the corner of Immokalee Road and US 41 Tamiami Trail North, a major intersection in Naples. US 41 is the main North-South thoroughfare that connects Downtown Naples and Fort Myers with an average daily traffic count of over 61, 000 cars. Immokalee Road has direct access to I-75 and the Beach, including direct access to North Collier Hospital across the street, several dozen planned residential developments, high income golf communities and other shopping centers. The property is being sold with a proposed NNN lease back. ***BUSINESS IS NOT FOR SALE***. 1980 SQ/FT Office Condo, 3rd Floor. See confidential remarks for additional information.

Additional Details

Nearest MSA: Naples-Immokalee-Marco Island
County: Collier
Taxing Authority: Collier County
Tax ID/APN: 79904900020
Zoning: PUD
Property Located Between: Immokalee Road and US 41
Property Visibility: Excellent
Highway Access: Immokalee Road has direct access to I-75
Airports: Fort Myers International Airport
Site Description: Highly sought after location - near the corner of Immokalee Road and US 41 Tamiami Trail North, a major intersection in Naples. US 41 is the main North-South thoroughfare that connects Downtown Naples and Fort Myers with an average daily traffic count of over 61, 000 cars.
Area Description: direct access to North Collier Hospital across the street, several dozen planned residential developments, high income golf communities and other shopping centers.
Total Number of Buildings: 3
Number of Stories: 3
Typical SF / Floor: 7,926 SF
Year Built: 2004
Year Renovated: 2010
Roof Type: Barrel Shell
Construction/Siding: Block
Parking Ratio: 3.8 (per 1000 SF)
Parking Type: Surface
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Ceiling Units
Internet Access: T1/T3
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,979 51,476 101,547
Median Age: 54.08 54.86 52.16
Households: 2,824 24,892 47,498

Contact

Photograph of Listing Agent

Fernando Cortes

Premier Plus Realty Company
SWFLCA Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Southwest Florida Commercial Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.