Prime Retail Space on US
For Sale
$5,300,000
10001 Tamiami Trl E, Naples, FL 34113
Freestanding 24,833 SF retail building with high visibility.
Property Size24,833 SF
Price / SF$213.43
Days on Market201
Property Features for 10001 Tamiami Trl E
General Information
Standard status
Active
Size
24,833 SF
Class
C
Property subtype
Retail
Building Details
Building Size
24,833 SF
Year Built
1984
Listing Agency:
Lee & Associates | Orlando
Listed By:
Brock Rasmussen, SIOR · License #3345374
(239) 209-0458
Source:
Lee-associates
Added: Mar 27
Changed: Oct 7
Last Checked: Oct 12 at 6:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Orlando
Investment Insights
Based on property information with market context.
This free-standing retail site, encompassing 24,833 square feet, is a former Lenny's Furniture location that offers exceptional visibility and accessibility directly along US 41. Positioned in a highly sought-after area, this property is rarely available, making it an attractive opportunity for retailers looking to establish a presence in a prime location. The generous square footage provides ample space for a variety of retail uses, while its prominent location ensures that it captures the attention of both local and passing traffic. With its strategic positioning on a major thoroughfare, this site is poised to attract significant footfall and drive business growth, making it an ideal choice for any retailer aiming to thrive in a competitive market.
Key Highlights
- Prime location directly on US 41 with exceptional visibility and accessibility.
- Large 24,833 square foot free‑standing retail space.
- Rarely available property in a highly sought‑after area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$302,383
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,047,660
$6.0M
Cap Rate 7%
$4,319,757
$4.3M
Cap Rate 9%
$3,359,811
$3.4M
Market Conditions
NOI Build-Up for 24,833 SF
Gross rent
$450.0K $18.12/SF
− Vacancy
−$18.0K −$0.72/SF
EGI
$432.0K $17.40/SF
− OpEx
−$129.6K −$5.22/SF
NOI
$302.4K $12.18/SF
Area
Collier County, FL
Vacancy
4.00%
Lease Rate
$18.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,047,660
Cap Rate 7%
$4,319,757
Cap Rate 9%
$3,359,811
Alternative Uses
Best Use
Retail
$4.32M
$3.78M – $5.04M
NOI $302,383 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.97M
$8.72M – $11.63M
NOI $697,663 @ 7.0% cap · market cap 13.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
758
Businesses Nearby
Explore this area
Business Placement
Demographics for 34113, FL
23,740
Population
16,461
Households
1.4
Avg Household Size
57
Median Age
40%
College-Educated
87%
High-School Grad
25.9 sq mi
ZIP Area
917
Density / Sq Mi
$76,539
Median Household Income
$37,070
Median Earnings
$1,888
Median Rent
$450,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding 24,833 SF retail building with high visibility.
Where is this retail space located?
The property is located at 10001 Tamiami Trl E Naples, FL.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: Prime location directly on US 41 with exceptional visibility and accessibility.; Large 24,833 square foot free‑standing retail space.; Rarely available property in a highly sought‑after area.
