For Sale
$1,559,000

5405 Taylor RdNaples, FL 34109

High-Cap Rate Storefronts in Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional retail investment opportunity presents two adjoining storefront units totaling 4,084 square feet, ideally situated at 5405 Taylor Rd, Naples, FL 34109. The property boasts a compelling 5.50% cap rate and an asking price of $1,559,000, translating to $382 per square foot. Built in 2000, this two-story building features two units, each encompassing 2,042 square feet. Unit #5 offers a thoughtfully designed layout including vignettes, warehouse space, and private offices on the second floor. Unit #9 provides a fully air-conditioned workspace, complete with a small kitchenette and bathroom. The property is zoned for industrial use and currently benefits from a lease in place, expiring February 19, 2025, with options for lease extensions of 2-3 years. Located in Collier County, this property presents a strong investment prospect in a thriving Naples market. The current tenant, a long-standing custom drapery design studio, has occupied the space for over 35 years, demonstrating the location's enduring appeal and potential for continued success. This turnkey investment offers immediate income generation and significant upside potential. The property's strategic location and versatile unit configurations make it an attractive option for a variety of retail businesses.

Highlights

  • Unit #5: 2,042 SF, built-out space with showroom vignettes, warehouse area, and private second-floor offices.
  • Unit #9: 2,042 SF, fully air-conditioned workspace including a kitchenette and bathroom.

Property Details for 5405 Taylor Rd

Property type
Retail properties, Retail space
Square Feet
4,084 SF
Year Built
2000
Stories
2
Units
2

Location Insight

City
Naples
County
Collier
State
Florida
Latitude
26.212733
Longitude
-81.7840965
5405 Taylor Rd, Naples, Florida

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5405 Taylor Rd
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