382 9Th St Naples, FL 34102
- Retail space
- 4,072 SF
- 0.29 lot acres
Current Use by Public Records
- Sherwin-Williams Paint Store / Paintings Store / Paint Store
Property Details for 382 9Th St
- Year built
- 1978
- Lot size
- 0.29 lot acres
- Property size
- 4,072 SF
- Zone code
- NAPLES
- Property type
- Retail space
- APN
- 19012720000
- APU
- 19012720000
Description
This exceptional investment opportunity presents a 4,075 square foot Sherwin-Williams convenience store located at 382 9th St S, Naples, FL 34102. The property sits on a 0.29-acre lot and includes 14 parking spaces. Currently operating under a triple-net lease (NNN), the store boasts a strong net operating income (NOI) of $85,132, yielding a 1.74% capitalization rate. The asking price is $4,900,000. Recent improvements include all-new showroom flooring, new bathroom tile, drywall repair up to two feet from the floor, and fresh paint throughout the building. The property is zoned for commercial use and presents significant potential for future commercial or residential development given its prime location in the highly desirable Naples market. Rent bumps are included in the lease agreement. This is a rare chance to acquire a well-maintained, income-producing asset in a thriving Florida market. The property's strong tenant and excellent location make it an attractive investment for discerning buyers. Don't miss this opportunity to secure a piece of Naples' vibrant commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Naples
- County
- Collier
- State
- Florida
- Longitude
- -81.7953
- Latitude
- 26.1432
- CBSA code
- 34940
- CBSA name
- NAPLES-MARCO ISLAND, FL METROPOLITAN STATISTICAL AREA
