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Courtland Plaza 2500 Airport Rd S 21,888 SF 84% Leased Office Building Naples, FL 34112 $4,000,000 ($182.75/SF) 6% Cap Rate
Executive Summary
2500 Airport Road S is a 21,888 square-foot, three-story Class B office building on 1.48 acres along the East Naples professional corridor. The building is 80.9% leased across 14 tenants and anchored by the Florida Department of Corrections, a government-credit tenant on a lease through 2031. A 2020 capital program delivered a new roof, new HVAC units, a resurfaced parking lot, fresh exterior paint and interior improvements. Two vacant suits give a new owner immediate lease-up upside.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
21,888 SF
Building Class
B
Year Built
1984
Price
$4,000,000
Price Per SF
$182.75
Cap Rate
6%
NOI
$240,000
Percent Leased
84%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,796 SF
Slab To Slab
9’
Building FAR
0.34
Lot Size
1.48 AC
Zoning
C-3 - regional commercial
Parking
109 Spaces (5.12 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Reception
- Storage Space
- Natural Light
- Secure Storage
- Wi-Fi
- Monument Signage
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Fl-Ste 205/206
- 1,748 SF
- Office
- Full Build-Out
- Now
- 3rd Fl-Ste 306/307
- 1,800 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 205/206 | 1,748 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 306/307 | 1,800 SF | Office | - | Now |
2nd Fl-Ste 205/206
| Size |
| 1,748 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 306/307
| Size |
| 1,800 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 61842200007 | Improvements Assessment | $852,972 |
| Land Assessment | $1,644,750 | Total Assessment | $2,497,722 |
Property Taxes
Parcel Number
61842200007
Land Assessment
$1,644,750
Improvements Assessment
$852,972
Total Assessment
$2,497,722
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Contact the Sale Advisor
Courtland Plaza | 2500 Airport Rd S