Contacts
Zach Pranger
Group Realty LLC
Property Details
- Property Type Office
- Property Size 12,281 SF
- Cap Rate % 6.02
- Zoning Commercial
- Additional Rent Contact for pricing
- # of Floors 3
- Property Tenancy Multi-Tenant
- Year Built 1993
- Year Renovated 2021
- Date Updated Oct 18, 2024
- Visibility/Traffic Count (VPD) 53,000
2% Commission for Buyer’s Agents. Incredible investment opportunity with nearly 12,281 sqft of Professional Office Condos in Downtown Naples on the bustling Airport Road with an extremely high vehicle and foot traffic count. Naples is the wealthiest city in Florida, known for its white sand beaches, expansive golf courses, and luxurious homes. The thriving economy commands high rents and low vacancy rates.
Court plaza offers a Class A office working experience right in Naples, directly next to the Collier County Government Center and the Collier County Courthouse. This portfolio of condos houses a variety of tenants including the Departments of Health and Juvenile Justice, various Law Practices, and Mortgage Lenders. Nearby National retailers include Walmart, Publix, Starbucks, Dunkin, and many many more.
A perfect addition to your investment portfolio, with a full renovation completed in 2021, fully leased Commercial Condos and a Condo Association taking care of the property, providing bare minimum landlord responsibilities, start cash flowing from day one.
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Full Control of the HOA – 14 of 18 Total HOA Units for Sale.
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Full Renovation Completed in 2021.
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If Buyer Acquires Remaining 4 Units, Building will be Valued Around $8.5MM.
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Value Add Potential Through Converting all Leases to NNN
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- Naples, the wealthiest city in Florida
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Naples, FL
- Neighborhood East Naples
- Zip Code 34112
Points of Interest
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Chevron
0.39 miles
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RaceTrac
0.40 miles
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7-Eleven
0.83 miles
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Shell
0.91 miles
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Speedway
1.15 miles
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Tesla Supercharger
1.79 miles
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Circle K
2.19 miles
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JUS
3.96 miles
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Naples Pine Ridge Road Supercharger
5.51 miles
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Naples Premier Way Supercharger
5.91 miles
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Lakewood Country Club of Naples
1.02 miles
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Riviera Golf Club
2.06 miles
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Hibiscus Golf Club
2.32 miles
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Parking A
2.83 miles
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Parking B
2.85 miles
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Parking C
2.87 miles
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Royal Palm Country Club
3.07 miles
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Lot J
3.21 miles
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Lot K
3.23 miles
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Lot L
3.27 miles
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Glades Motel
0.25 miles
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Sunrise Motel
0.65 miles
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Tamiami Motel
0.86 miles
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Red Roof PLUS+ & Suites Naples Downtown-5th Ave S
1.20 miles
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Holiday Inn Express & Suites Naples Downtown - 5th Avenue
1.25 miles
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La Quinta Inn & Suites Naples Downtown
1.32 miles
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Naples Bay Resort
1.47 miles
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Hyatt House
1.62 miles
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Charter Club Resort of Naples Bay
1.75 miles
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Cove Inn on Naples Bay
1.79 miles
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Walmart
0.39 miles
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Publix
0.89 miles
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Tin City
1.76 miles
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Plaza 800
2.07 miles
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Wynn's Market
2.36 miles
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ALDI
3.16 miles
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Dillard's
3.28 miles
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JCPenney
3.33 miles
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Macy's
3.36 miles
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Food & Thought
3.60 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Zach Pranger
Group Realty LLC