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