Log In/Sign Up
Your email has been sent.
CVS | Recent Tenant Commitment | ±53K VPD 2515 Shadowlawn Dr 13,013 SF Retail Building Naples, FL 34112 $7,627,148 ($586.12/SF) 6.25% Cap Rate



Investment Highlights
- In May 2026, CVS exercised its 5-year renewal option at increased rent, demonstrating its continued commitment to this location.
- Absolute net lease with zero landlord responsibilities and 22+ year operating history.
- Dense retail presence with over 1.8 million square feet of retail space within a 1-mile radius.
- High traffic intersection with combined traffic counts of ±52,800 vehicles per day.
- In-fill Florida location with over 116,000 Residents in a 5-mile radius.
- Within 1 mile of Avra at Metropolitan, a brand-new 15-story luxury condominium development featuring 56 units.
Executive Summary
Pharma Property Group is pleased to market for sale the CVS property located at 2515 Shadowlawn Drive in Naples, Florida (the "Property"). CVS has had a long successful operating history at this location for over 22 years and is on an absolute net lease with no landlord responsibilities whatsoever and the lease features ±5% rental increases every 5 years. In May 2026, CVS exercised its 5-year renewal option at increased rent, demonstrating its continued commitment to this location and providing an investor a firm 6 years of guaranteed lease term.
This CVS is located the hard corner of Tamiami Trail (U.S. 41), a main east/west thoroughfare leading from Naples to Miami and Shadowlawn Drive with combined daily traffic counts of approximately 53,000 vehicles per day. One half mile to the southwest is the Collier County Government Center, a 45 Acre campus with nearly 3,000 employees offering a variety of services including Human Resources, Motor Vehicle, and Tax Services. Directly across Tamiami Trail is Gulf Gate Plaza, a 206,785 square foot shopping center with national retail tenants including Beall’s, Family Dollar and McDonald's.
Downtown Naples is located just over 2 miles to the west and is the main tourist destination in the area, drawing in over 1 Million visitors annually. This CVS serves over 26,000 households in the immediate 3-mile radius with over 57,000 residents.
Listed in conjunction with Brian Brockman, Bang Realty, 513.898.1551, FL DRE Lic. BK3327646.
This CVS is located the hard corner of Tamiami Trail (U.S. 41), a main east/west thoroughfare leading from Naples to Miami and Shadowlawn Drive with combined daily traffic counts of approximately 53,000 vehicles per day. One half mile to the southwest is the Collier County Government Center, a 45 Acre campus with nearly 3,000 employees offering a variety of services including Human Resources, Motor Vehicle, and Tax Services. Directly across Tamiami Trail is Gulf Gate Plaza, a 206,785 square foot shopping center with national retail tenants including Beall’s, Family Dollar and McDonald's.
Downtown Naples is located just over 2 miles to the west and is the main tourist destination in the area, drawing in over 1 Million visitors annually. This CVS serves over 26,000 households in the immediate 3-mile radius with over 57,000 residents.
Listed in conjunction with Brian Brockman, Bang Realty, 513.898.1551, FL DRE Lic. BK3327646.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
13,013 SF
Building Class
B
Year Built
2004
Price
$7,627,148
Price Per SF
$586.12
Cap Rate
6.25%
NOI
$476,728
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.76 AC
Zoning
PUD
Parking
57 Spaces (4.38 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
- Drive Thru
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 73280680002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,637,031 |
Property Taxes
Parcel Number
73280680002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,637,031
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
CVS | Recent Tenant Commitment | ±53K VPD | 2515 Shadowlawn Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
