11222 E Tamiami Trl - Freestanding FOR SALE


Naples, FL 34113
$7,500,000 USD
239-399-5056
11222 E Tamiami Trl, Naples, FL for Sale
$7,500,000 USD
Freestanding - FOR SALE
1/23
null | 5.5% Cap Rate

11222 E Tamiami Trl
Naples, FL 34113


HIGHLIGHTS

  • Prime mixed-use investment opportunity located in the heart of Naples, Florida.
  • Within a 1-mile radius, there's a substantial $82.9 million in consumer spending, with nearly half, or 48%, allocated to retail.
  • This location has recently undergone extensive renovations and includes a 4,500 square foot expansion, along with ample parking.
  • The tenants are responsible for covering their own utility expenses, and there is a designated turning lane into the shopping center.
  • The average household income within a 1-mile radius is $76,661.

OVERVIEW

Prime mixed-use investment opportunity located in the heart of Naples, Florida. The newly renovated building is situated in the heart of Naples, a city known for its beautiful beaches, golf courses, and upscale dining and shopping. Its position along the eastern side of Tamiami Trail offers high visibility and exposure due to the significant highway running from Miami on the east coast to Naples on the west coast. Within a 5-minute drive, there are notable tenants such as Publix, Winn-Dixie, Home Goods, and Walgreens. Within a fifteen-minute drive, there is a substantial population of over 273,000 people and a total consumer spending of $2.4 billion. The prime location and robust demographics create an ideal environment for tenants to achieve exceptional sales.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$444 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

C-4

APN/PARCEL ID

60783240004

ASK ABOUT THIS PROPERTY

Helen DonaghyEngel & VolkersMore Info
239-399-5056

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Helen DonaghyEngel & VolkersMore Info
239-399-5056

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.