5405 Taylor Rd, Naples, FL 34109
4,084 SF Flex Condo Unit Offered at $1,559,000 in Naples, FL 34109
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,559,000
- Property Type
-
Industrial
Listing Contacts
Christine Gonnering McManus,
Verified Profile
- Property Info
Property Overview
Two flex units, one lease! 5405 Taylor Road Unit 5 and Unit 9 are currently leased to Debbie's Draperies and Design, a 35 year Naples institution for custom fabrics, drapes, upholstery, shades, and design services. Unit 5 - 2,042 SF is the design studio with built out with vignettes, warehouse and 2nd floor private offices. An ideal location to meet clients. Unit 9 - 2,042 SF is a fully air-conditioned workroom for the staff with a small kitchenette and bath. Together on one lease, the tenant is paying $85,745 net of expenses. Current lease expires February 20, 2025 and has 2 - 3 year options. A great opportunity for a 1031 investor looking to own industrial zoned property in Naples! Priced at only $379/SF for concrete block, well cared for industrial condominiums.
Property Details
- Class
- C
- Year Built
- 2000
- Property Subtype
- Warehouse, Loft/Creative Space, Service
- Lot Size (sq. ft)
- 133,294 SF
- Units
- 1
Highlights
- Net Lease Investment Opportunity offered at 5.5% Return
- Two Flex Units - One Lease
- Unit 5 - Showroom with vignettes and offices
- Unit 9 - Air conditioned work room for employees
- Perfect for a 1031 Investor
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