1024 - 1026 Pine Ridge Road
Naples, FL 34108 ·
2,400 SF · Retail For Sale
Pelican Place Pad NAPLES, FL
|Price||N/A||Property Use Type||Net Lease Investment with 10+ years left on lease|
|Building Size||2,400 SF||Cap Rate||6.97%|
|Property Sub-type||Retail Pad||Tenancy||Multiple|
|Listing ID: 16962026||Date Created: 12/28/2010||Last Updated: 07/18/2011|
- Strong national tenants Papa John' s and Enterprise Rent-A-Car with late lease expirations and increasing rents.
- Seller offering buyer' s broker a 4% fee.
- Aggressive Cap Rate at 6.97 Cap on first year income. Annual increases raise return every year.
- Amazing frontage on Pine Ridge. Across from Waterside Shops-Saks, Louis Vuitton, Williams Sonoma and much much more.
- Seen by over 50,000 cars per day
- Located in the main retail district of Naples
- One mile from the Gulf Coast
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