www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33292133
33292134

2515 Shadowlawn Drive, Naples, FL 34112

JP
CA 01918332
Pharma Property Group
CB
CA CA 02018350
Pharma Property Group
Listed by Pharma Property Group
$7,627,148
0 days on market
Updated 0 days ago

CVS Naples FL | Recent Tenant Commitment | ±53K VPD

Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 13,013
Cap Rate 6.25%
NOI $476,728
Tenancy Single
Brand/Tenant CVS Pharmacy
Lease Type Absolute NNN
Lease Expiration 01/31/2032
Remaining Term 5.7
Rent Bumps Yes
Lease Options 3 (5-Year)
Broker Co-Op True
Year Built 2004
Stories 1
Acreage 1.760
Ground Lease No

About This Property

Marketing description

Pharma Property Group is pleased to market for sale the CVS property located at 2515 Shadowlawn Drive in Naples, Florida (the "Property"). CVS has had a long successful operating history at this location for over 22 years and is on an absolute net lease with no landlord responsibilities whatsoever and the lease features ±5% rental increases every 5 years. In May 2026, CVS exercised its 5-year renewal option at increased rent, demonstrating its continued commitment to this location and providing an investor a firm 6 years of guaranteed lease term.

This CVS is located the hard corner of Tamiami Trail (U.S. 41), a main east/west thoroughfare leading from Naples to Miami and Shadowlawn Drive with combined daily traffic counts of approximately 53,000 vehicles per day. One half mile to the southwest is the Collier County Government Center, a 45 Acre campus with nearly 3,000 employees offering a variety of services including Human Resources, Motor Vehicle, and Tax Services. Directly across Tamiami Trail is Gulf Gate Plaza, a 206,785 square foot shopping center with national retail tenants including Beall’s, Family Dollar and McDonald's.

Downtown Naples is located just over 2 miles to the west and is the main tourist destination in the area, drawing in over 1 Million visitors annually. This CVS serves over 26,000 households in the immediate 3-mile radius with over 57,000 residents.

Listed in conjunction with Brian Brockman, Bang Realty, 513.898.1551, FL DRE Lic. BK3327646.

Investment highlights

  • In May 2026, CVS exercised its 5-year renewal option at increased rent, demonstrating its continued commitment to this location.
  • High traffic intersection with combined traffic counts of ±52,800 vehicles per day.
  • Absolute net lease with zero landlord responsibilities and 22+ year operating history.
  • In-fill Florida location with over 116,000 Residents in a 5-mile radius.
  • Dense retail presence with over 1.8 million square feet of retail space within a 1-mile radius.
  • Within 1 mile of Avra at Metropolitan, a brand-new 15-story luxury condominium development featuring 56 units.

Listing Contacts

JP
CA 01918332
Pharma Property Group
CB
CA CA 02018350
Pharma Property Group
Listed by Pharma Property Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$476,728.00
$39,727.33/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591