2770 Davis Blvd - Storefront FOR SALE


Naples, FL 34104- East Naples
$3,900,000 USD
203-751-1390
2770 Davis Blvd, Naples, FL for Sale
$3,900,000 USD
Storefront - FOR SALE
1/12
null | 8.27% Cap Rate

2770 Davis Blvd
Naples, FL 34104
East Naples


HIGHLIGHTS

  • Become the Largest Owner in the Davis Village Condo Association in the Heart of Downtown Naples, Area has EXTREMELY High Foot and Vehicle Traffic.
  • Fully Leased to a Wide Variety of Tenants (Marble Retailer, Dog Adoption, Grooming, and a High End Addiction Treatment Facility).
  • 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

2% commission offered to buyer's agent. Incredible investment opportunity with 10,080 sqft of Retail Condos in Downtown Naples on the bustling Davis Boulevard 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.  This plaza offers a premiere shopping experience for customers with high end retailers and a large parking lot with plenty of spaces. Nearby National retailers include Walmart, Home Depot, Starbucks, Verizon, Walgreens, Porsche, Wendy’s, IHOP, and many many more.    A perfect addition to your investment portfolio, with fully leased Commercial Condos and a Condo Association taking care of the property, providing bare minimum landlord responsibilities and EXTREMELY low maintenance costs, start cash flowing from day one!

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$387 USD /SF

CAP RATE

8.27%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

160

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

C-4

APN/PARCEL ID

29746002026,29746002042,29746002068,29746002084,29746002107,29746002123,29746002149,29746002165,29746002181

ASK ABOUT THIS PROPERTY

Ari BigiGroup Realty LLCMore Info
203-751-1390

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

Ari BigiGroup Realty LLCMore Info
203-751-1390

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