This Retail Property is Off-Market.

1024 - 1026 Pine Ridge Road
Naples, FL 34108 ·

2,400 SF · Retail For Sale

N/A

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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 Type Retail Occupancy 100%
Property Sub-type Retail Pad Tenancy Multiple
Listing ID: 16962026 Date Created: 12/28/2010 Last Updated: 07/18/2011

Description

- 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

Research

1024 - 1026 Pine Ridge Road, Naples, FL 34108 (Collier County)

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