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Heritage Court

4960-5020 Tamiami Trail North, Naples, FL 34104

$8,450,000

52,099 SF | Retail

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Heritage Court Aerial view

Retail Property For Sale Get Financing

Price:
$8,450,000
Gross Leasable Area:
52,099 SF
Price/SF:
$162.19
Property Type:
Retail
Property Sub-type:
Neighborhood Center
Property Use Type:
Net Lease Investment with
5 years left on lease
Commission Split:
3%
Cap Rate:
6.10%
Occupancy:
80%
Tenancy:
Multiple
Lot Size:
3.94 AC
Listing ID
17600209
Last Updated
2 days ago

Find Out More...

Highlights

  • US 41 Frontage
  • Median Cut access on US 41
  • Long Term tenants- 15+ years occupancy
  • Manager on site
  • Excellent Visibility
  • 4 Buildings - Excellent Physical Condition

Description

52,099 sq.ft. of rentable space in four buildings situated on 3.94 acres on U.S. 41. C-4 Zoning , 80% leased with mix use of office/retail and medical space. Great access with median cut on US 41. Abundant parking (193 spaces). Exterior renovation 2008 and 2013. Leases range from 3-5 years and are in different stages of terms as of December 1,2012.

Located on U.S. 41 ( Tamiami Trail North) just south of Pine Ridge Road on East side of the street.

FDOT- Traffic Count - 43,000

Map of 4960-5020 Tamiami Trail North, Naples, FL 34104 (Collier County)

Research for 4960-5020 Tamiami Trail North, Naples, FL 34104 (Collier County)

  • Demographics – Population, income & other demographics near 4960-5020 Tamiami Trail North
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Contact Listing Broker to find out more details.

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Dean's Other Listings (View All)

  • Heritage Court
  • Naples, FL
  • 1,000 - 4,851 SF
  • $13.50 - $15 /SF/Year
  • Spotlight

Asking Price Index Trends for Naples, FL Retail For Sale

  Mar 14 vs. 3 mo.
prior
Y-O-Y
-
State
$145+0.6%-0.2%
-
Metro
$221+4.3%+4.5%
-
County
$221+4.3%+4.5%
-
City
$433+10.5%-11.0%

View Naples Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 4/2/2012
Heritage Court
  • Retail
  • $8,450,000
  • 52,099 SF