1880 Elsa St, Naples, FL 34109 For Sale

This 4,170± SF industrial flex property situated on 0.46± acres in North Naples Industrial Park presents a rare opportunity for stable, in-place cash flow. The building is 100% leased to three established tenants, offering immediate income with unit sizes ranging from approximately 920 ± SF to 1,900 ± SF—providing both tenant diversity and leasing flexibility. Recent renovations enhance the property’s durability and long-term appeal, supporting strong tenant retention. The site also features valuable outdoor storage and ample on-site parking, key amenities in this competitive industrial submarket. The property generates approximately $125,000 in annual rental income with low operating expenses of ~$17,000, resulting in a projected NOI of ~$108,000 and delivering an attractive, stable yield.

Located within the highly sought-after North Naples Industrial Park, the property benefits from immediate access to Immokalee Road, I-75, and Naples’ primary commercial corridors. This premier industrial submarket continues to experience strong occupancy and rental growth, driven by limited supply and sustained demand.