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    Collier Boulevard Commercial Condominium Title is generated by Realmo AI

    6040 Collier Blvd, Naples, FL 34114

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    Commercial condominium suitable for retail, restaurant, office, medical, and flex.

    Type:Retail, Office, Mixed Use
    Property size:
    20,576 SF
    Price / SF:
    $265/SF
    Added:
    Feb 15, 2022
    Days on Market:
    1562
    Last Refresh:
    May 12 at 9:32 pm

    Property Features for 6040 Collier Blvd

    General Information

    Standard status
    Active
    Size
    20,576 SF
    Property subtype
    Retail, Office, Mixed Use

    Building Details

    Year Built
    1991

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    Listing Contact
    Doug Olson

    Listing agent Doug Olson License #FL 3175846

    Listing office Trinity Commercial Group

    Listing date Feb 15, 2022

    Source Crexi

    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 Trinity Commercial Group

    HighLights

    • Located in Naples Coastal Shoppes, a transformed commercial condominium complex.
    • Suitable for diverse uses within C‑1, C‑2, C‑3, and C‑4 zoning districts.
    • Units available for sale or lease, ranging from 2,325sf - 20,578sf.
    • Located on the Southeast corner of Collier Blvd (SR 951) & Manatee Ave.
    • Part of Naples Coastal Shoppes consisting of four buildings.
    • Located just south of Tamiami Trl E (US‑41) on the way to Marco Island, FL.

    Overview

    This property is part of The Naples Coastal Shoppes, which has been transformed into commercial condominiums available for lease and sale. The location is suited for uses within the C-1, C-2, C-3, and C-4 zoning districts, including retail, restaurant, office, medical, flex, showroom, warehouse, distribution, and local service and business-related companies. Naples Coastal Shoppes consists of four buildings. Buildings 6070 and 6040 are traditional platted commercial buildings. Buildings 6050 and 6060 have been transitioned into individual commercial condominiums ranging in size from 2,325 square feet to 20,578 square feet, and are now available for sale or lease. The property is located on the southeast corner of Collier Boulevard (SR 951) and Manatee Avenue, just south of Tamiami Trail East (US-41) in Naples, Florida, on the way to Marco Island, Florida. The property size is 20,576 square feet.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $4.71M
    NOI $423,608 @ 9.00% cap · cautious / downside scenario
    Moderate
    $6.05M
    NOI $423,608 @ 7.00% cap · market / base-case scenario
    Aggressive
    $8.47M
    NOI $423,608 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
    Calculated for Office B

    Component $ $/SF
    Gross rent $617.3k $30.00
    − Vacancy −$52.5k −$2.55
    EGI $564.8k $27.45
    − OpEx −$141.2k −$6.86
    NOI $423.6k $20.59
    20,576 SF · lease $30.00/SF/yr · vacancy 8.50% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $6.05M
    $5.30M – $7.06M (±1% cap)
    NOI $423,608 @ 7.0% cap · market cap 7.77%
    Second Best
    Mixed Use
    $4.66M
    $4.08M – $5.44M (±1% cap)
    NOI $326,387 @ 7.0% cap · market cap 5.99%
    Theoretical Best
    Office A
    $8.26M
    $7.23M – $9.63M (±1% cap)
    NOI $578,066 @ 7.0% cap · market cap 10.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Collier
    State
    Florida
    Longitude
    -81.6995036
    Latitude
    26.0422587

    FAQs

    What type of property is this?
    Mixed-use property - Commercial condominium suitable for retail, restaurant, office, medical, and flex.
    Where is this mixed-use property located?
    The property is located at 6040 Collier Blvd Naples, FL.
    What is the asking price?
    The asking price for this property is $5,452,640.
    What are key features of this property?
    This property features: Located in Naples Coastal Shoppes, a transformed commercial condominium complex.; Suitable for diverse uses within C‑1, C‑2, C‑3, and C‑4 zoning districts.; Units available for sale or lease, ranging from 2,325sf - 20,578sf.
    More about this property
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