3148 Tamiami Trl Naples, FL 34112

This exceptional 4,721 square foot free-standing retail building, located at 3148 Tamiami Trail E in Naples, Florida (34112), presents a compelling value-add opportunity. Currently housing two tenants in a multi-tenant configuration under a NNN lease structure, the property boasts a strong current NOI of $104,815 and a projected pro-forma NOI of $144,621, translating to a 4.99% cap rate and a pro-forma cap rate of 6.89%. Built in 1974 and renovated in 2019, this single-story building sits on a 0.9-acre lot and offers 53 parking spaces, ensuring ample convenience for patrons. The property benefits from excellent visibility and accessibility due to its location near a major intersection in the thriving East Naples submarket. Zoned C-3-GTZO-MXD, the building offers significant potential for future rent bumps. The asking price is $2,100,000, representing a price per square foot of $444.82. This investment is ideal for those seeking a stable income stream with significant upside potential in a high-demand Southwest Florida location. The property's strong tenant base, prime location, and potential for increased NOI make it a truly attractive proposition.