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Goodwill 1687 Pine Ridge Rd 19,000 SF Retail Building Naples, FL 34109 $7,481,000 ($393.74/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute net lease | Zero landlord responsibilities | Desirable lease term | 10 years remaining
- Excellent visibility & access from Pine Ridge Rd | 54,000 VPD
- Large parcel | 1.54 acres
- Experienced chapter | Goodwill Industries of Southwest Florida, Inc. | 41 locations
- Affluent surrounding area | $208,946 average household income within a 3-mile radius
- Located within a dense retail corridor | 4.5M SF within a 2-mile radius
EXECUTIVE SUMMARY
Carl Brendes and Ransome Foose of Berkeley Capital Advisors are please to present for sale Goodwill in Naples, FL. We welcome your review of this attractive investment.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,000 SF
Building Class
B
Year Built/Renovated
2009/2020
Price
$7,481,000
Price Per SF
$393.74
Cap Rate
6%
NOI
$448,875
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.54 AC
Zoning
Commercial
Parking
52 Spaces (5.83 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00243040005 | Improvements Assessment | $2,294,883 |
| Land Assessment | $2,342,458 | Total Assessment | $4,637,341 |
PROPERTY TAXES
Parcel Number
00243040005
Land Assessment
$2,342,458
Improvements Assessment
$2,294,883
Total Assessment
$4,637,341
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Goodwill | 1687 Pine Ridge Rd
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