Radio Rd Office for Sale

Office for Sale
Catylist Listing ID: 30806101
Property Subtypes: Flex Space, Office Building
Condo? Yes
Building Size (RSF): 1,348 SF
Gross Building Area: See Agent
Sale Price: $499,000
Property Use Type: Investment, Vacant/Owner-User
Building Name: Radio Square Commercial Condominium
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/9/2022

Overview / Comments

Currently used for offices of a professional insurance agency. A very good floorplan that optimizes the space and looks larger than it actually is. Interior office windows, decorative molding, etc. Unit has a rollup door in the back of the unit that could become usable again should the new tenant wish to open up the rear area to provide storage opportunity. It is a very attractive professional office space with great visibility and easy accessibility. Unit will be available for lease on July 1, 2022. CAM is estimated @$350/sf Insurance is estimated at $1.50 sf, and Real Estate Taxes are estimated at $1.83/sf.

Additional Details

Nearest MSA: Naples-Marco Island
County: Collier
Tax ID/APN: 69016901024
Is Condo?: Yes
Property Located Between: Airport Rd and Livingston Road
Property Visibility: Excellent
Highway Access: Good, both I-75's Exit 101 and Exit 105 are relatively short distance from the site.
Airports: Southwest Florida International (RSW) and Naples Airport serve this market.
Site Description: Unit is in the middle of a strip center facing the Radio Road corridor. Entrance is off a signalized intersection. There parking in both front and back of unit. Individually illuminated channel lighting allowed.
Area Description: This is part of the Airport Road Industrial Park area. Lots of business are located nearby.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,500 SF
Year Built: 2001
Roof Type: Flat
Exterior Description: Combination of metal and stucco siding.
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Loading doc door is currently not being utilized but could be in the future.
Zoning Description: PUD Commercial
Water Service: Municipal
Sewer Type: Municipal
Easements Description: n/a
Legal Description: Suite 108 Radio Square Commercial Condominium, Sec 1, Township 50, Range 25, Collier County, FL, Parcel ID no 6901690163

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,640 69,557 141,909
Median Age: 42.41 51.7 47.46
Households: 3,584 32,241 61,139


Photograph of Listing Agent

William H Poteet, Jr

Poteet Properties Inc. SWFLCA Member
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