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Collier Boulevard Commercial Condominium
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6040 - 6060 Collier Blvd, Naples, FL 34114

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

Property Size20,576 SF
Price / SF$265
Days on Market1698

Property Features for 6040 - 6060 Collier Blvd

General Information

Standard status Active
Size 20,576 SF
Class B
Property subtype Retail, Office
Zoning C-1, C-2, C-3, and C-4 "General Commercial District"
Investment Type Owner/User

Building Details

Year Built 1991
Year Renovated 1998
Buildings 1
Stories 1
Listing Agency: Trinity Commercial Group
Listed By: Doug Olson · License #FL 3175846
Source: Crexi
Added: Feb 15, 2022 Changed: Oct 10 Last Checked: Oct 9 at 8:28PM

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

Investment Insights

Based on property information with market context.

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.

Key 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.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$326,387
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,527,740 $6.5M
Cap Rate 7%
$4,662,671 $4.7M
Cap Rate 9%
$3,626,522 $3.6M
Market Conditions
NOI Build-Up for 20,576 SF
Gross rent
$555.6K $27.00/SF
− Vacancy
−$33.3K −$1.62/SF
EGI
$522.2K $25.38/SF
− OpEx
−$195.8K −$9.52/SF
NOI
$326.4K $15.86/SF
Area
Collier County, FL
Vacancy
6.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,527,740
Cap Rate 7%
$4,662,671
Cap Rate 9%
$3,626,522

Alternative Uses

Best Use
Mixed Use
$4.66M
$4.08M – $5.44M (±1% cap)
NOI $326,387 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
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 authorities.

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Restaurant Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby

Demographics for 34114, FL

21,343
Population
16,381
Households
1.3
Avg Household Size
62
Median Age
41%
College-Educated
90%
High-School Grad
176.6 sq mi
ZIP Area
121
Density / Sq Mi
$81,314
Median Household Income
$38,467
Median Earnings
$1,993
Median Rent
$469,900
Median Home Value
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Frequently Asked Questions

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 - 6060 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.
(239) 334-3040 Call to check price and availability
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