382 9Th St S Naples, FL 34102
For Sale
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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.
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Sherwin-Williams Paint Store (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NAPLES · Naples, FLNaples. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.