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Operating Waffle House + Vacant Outparcel 3824 Tollhouse Dr 1,232 SF Retail Building Naples, FL 34114 $2,500,000 ($2,029.22/SF)
Investment Highlights
- Entire ˜1-acre parcel for sale | Includes fully operating Waffle House & vacant outparcel
- Newly constructed direct entrance for superior access to Collier Blvd
- Immediate access to I-75 with major interchange improvements underway
- Vacant outparcel available for lease at $100,000 NNN/year
- Within the Innovation Zone Overlay
- Seller financing available to qualified buyers
Executive Summary
Premier investment and development opportunity to purchase the entire ~1-acre parcel (including the operating Waffle House and adjacent vacant outparcel), located at the
northeast corner of the signalized intersection of Collier Boulevard and Beck Boulevard. This site offers outstanding visibility with 66,500 AADT. A newly constructed right-in right-out entrance directly to Collier Boulevard will allow northbound traffic on Collier Boulevard to enter and exit the property without using Davis/Beck Boulevard. The property benefits from major interchange improvements underway, including the construction of two new flyover ramps from Davis Boulevard (Beck Boulevard). Located at I-75 Exit 101 within the Tollgate PUD and situated in the Innovation Zone Overlay, the site is ideally suited for drive-thru, high-traffic commercial, or mixeduse development with in place income from Waffle House.
The owner will consider financing for a qualified buyer and/or build-to-suit for a qualified tenant.
northeast corner of the signalized intersection of Collier Boulevard and Beck Boulevard. This site offers outstanding visibility with 66,500 AADT. A newly constructed right-in right-out entrance directly to Collier Boulevard will allow northbound traffic on Collier Boulevard to enter and exit the property without using Davis/Beck Boulevard. The property benefits from major interchange improvements underway, including the construction of two new flyover ramps from Davis Boulevard (Beck Boulevard). Located at I-75 Exit 101 within the Tollgate PUD and situated in the Innovation Zone Overlay, the site is ideally suited for drive-thru, high-traffic commercial, or mixeduse development with in place income from Waffle House.
The owner will consider financing for a qualified buyer and/or build-to-suit for a qualified tenant.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,232 SF
Building Class
B
Year Built
1994
Price
$2,500,000
Price Per SF
$2,029.22
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.97 AC
Zoning
PUD - Tollgate Planned Unit Development
Parking
42 Spaces (14.61 Spaces per 1,000 SF Leased)
Frontage
102’ on Collier
Amenities
- Bus Line
- Pylon Sign
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 76885050306 | Improvements Assessment | $281,823 |
| Land Assessment | $691,236 | Total Assessment | $973,059 |
Property Taxes
Parcel Number
76885050306
Land Assessment
$691,236
Improvements Assessment
$281,823
Total Assessment
$973,059
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Operating Waffle House + Vacant Outparcel | 3824 Tollhouse Dr
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