5405 Taylor RdNaples, FL 34109

Property Details for 5405 Taylor Rd

Year built

2000

Property size (Sq ft)

4,084 SF

Property type

Retail properties

Property subtype

Retail space

Description

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.

Location Insight

City

Naples

County

Collier

State

Florida

Latitude

26.2127

Longitude

-81.7841

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