5405 Taylor Rd Naples, FL 34109
- Retail properties
- 4,084 SF
Current Use by Public Records
- Pyure Brands / Corporate Campus
- WHI General Contractor / General Contractor / Custom Home Builder
- Florida Roofing / Roofing Contractor
- Milestone Development & Design, Inc. / General Contractor
- Naples Plumbing Studio / Plumbing Supply Store / Bathroom Supply Store
Property Details for 5405 Taylor Rd
- Year built
- 2000
- Property size
- 4,084 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional retail investment opportunity presents two adjoining storefront units totaling 4,084 square feet, ideally situated at 5405 Taylor Rd, Naples, FL 34109. The property boasts a compelling 5.50% cap rate and an asking price of $1,559,000, translating to $382 per square foot. Built in 2000, this two-story building features two units, each encompassing 2,042 square feet. Unit #5 offers a thoughtfully designed layout including vignettes, warehouse space, and private offices on the second floor. Unit #9 provides a fully air-conditioned workspace, complete with a small kitchenette and bathroom. The property is zoned for industrial use and currently benefits from a lease in place, expiring February 19, 2025, with options for lease extensions of 2-3 years. Located in Collier County, this property presents a strong investment prospect in a thriving Naples market. The current tenant, a long-standing custom drapery design studio, has occupied the space for over 35 years, demonstrating the location's enduring appeal and potential for continued success. This turnkey investment offers immediate income generation and significant upside potential. The property's strategic location and versatile unit configurations make it an attractive option for a variety of retail businesses.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Naples
- County
- Collier
- State
- Florida
- Longitude
- -81.7841
- Latitude
- 26.2127
