2671 Airport Rd S - Medical CONDO FOR SALE


Naples, FL 34112- East Naples
$3,550,000 USD
203-751-1390
2671 Airport Rd S, Naples, FL for Sale
$3,550,000 USD
Medical CONDO - FOR SALE
1/17
null | Request Cap Rate

2671 Airport Rd S
Naples, FL 34112
East Naples


HIGHLIGHTS

  • ? Become the Largest Owner in the Court Plaza Condo Association Located in Naples, Area has EXTREMELY High Foot and Vehicle Traffic.
  • ? Fully Leased to a Wide Variety of Professional and Government Office Tenants (Counseling, Lawyers, Mortgages, Department of Justice).
  • ? Some Tenants Pay HOA fees and Common Area Charges. All Tenants Willing to Renew.
  • ? Condo Association Takes Care of All Repairs and Maintenance, Leaving Little to No Landlord Responsibilities.
  • ? Huge Value Add Opportunity with Converting all Leases to Fair Market and Maximizing Building Layout for Lease.

OVERVIEW

Incredible investment opportunity with nearly 12,281 sqft of Professional Office Condos in Downtown Naples on the bustling Airport Road with an extremely high vehicle and foot traffic count. Naples is the wealthiest city in Florida, known for its white sand beaches, expansive golf courses, and luxurious homes. The thriving economy commands high rents and low vacancy rates. Court plaza offers a Class A office working experience right in Naples, directly next to the Collier County Government Center and the Collier County Courthouse. This portfolio of condos houses a variety of tenants including the Departments of Health and Juvenile Justice, various Law Practices, and Mortgage Lenders. Nearby National retailers include Walmart, Publix, Starbucks, Dunkin, and many many more. A perfect addition to your investment portfolio, with a full renovation completed in 2021, fully leased Commercial Condos and a Condo Association taking care of the property, providing bare minimum landlord responsibilities, start cash flowing from day one.

FOR SALE DETAILS

PRICE

$3,550,000 USD

PRICE/SF

$284 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Court Plaza III - 14 Units For Sale

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

26,709 SF

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

76

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

B

APN/PARCEL ID

28681500024

ASK ABOUT THIS PROPERTY

Zachary PrangerGroup Realty LLCMore Info
203-751-1390

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Zachary PrangerGroup Realty LLCMore Info
203-751-1390

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