Listed by Investment Properties Corporation of Naples
$3,250,000
3535 Arnold Avenue
Details
Property Type Office, Industrial
Sub Type Traditional Office, Warehouse
Square Footage 6,300
Units 22
Cap Rate 6.50%
Occupancy 100%
Tenancy Single
Rent Bumps Yes
Pro-Forma Cap Rate 6.50%
Pro-Forma NOI $211,250
Year Built 1978
Buildings 1
Acreage 1.160
Zoning Industrial
Ground Lease No
Ceiling Height 18
Dock High Doors 3
Sale Condition 1031 exchange
6,300 SF Warehouse/Office Building for Investment
Investment highlights
One of a kind investment in the Naples Airport Industrial Park. The property is being offered at a 6% average CAP over the 7 year term of the lease. Tenant has NNN responsibilities and the lease is personally guaranteed. The property is one of the few that features an additional half acre lot for storage, making it highly coveted in the Naples area. This 6,300 SF total building offers a well-balanced mix of functionality and flexibility, featuring approximately 5,300 SF of warehouse space and 1,000 SF of office area. Situated on 1.16 acres, the property provides ample room for operations and storage. The office space includes two restrooms, supporting day-to-day business needs.
Listing Contacts
Listed by Investment Properties Corporation of Naples
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