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1880 Elsa St 4,170 SF 100% Leased Industrial Building Naples, FL 34109 $2,184,224 CAD ($523.79 CAD/SF) 6.75% Cap Rate

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Investment Highlights

  • 100% Occupied - 3 Tenants. Units from ±920-sf to ±1,900-sf
  • Ample Parking
  • Recently renovated units | Outdoor Storage Capability
  • Premier North Naples Industrial Location

Executive Summary

This 4,170± SF industrial flex property situated on 0.46± acres in North Naples Industrial Park presents a rare opportunity for stable, in-place cash flow. The building is 100% leased to three established tenants, offering immediate income with unit sizes ranging from approximately 920 ± SF to 1,900 ± SF—providing both tenant diversity and leasing flexibility. Recent renovations enhance the property’s durability and long-term appeal, supporting strong tenant retention. The site also features valuable outdoor storage and ample on-site parking, key amenities in this competitive industrial submarket. The property generates approximately $125,000 in annual rental income with low operating expenses of ~$17,000, resulting in a projected NOI of ~$108,000 and delivering an attractive, stable yield.

Property Facts

Price $2,184,224 CAD
Price Per SF $523.79 CAD
Sale Type Investment
Cap Rate 6.75%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.46 AC
Rentable Building Area 4,170 SF
No. Stories 1
Year Built 1975
Parking Ratio 2.4/1,000 SF
No. Drive In / Grade-Level Doors 12
Zoning I - Industrial - Collier County

Property Taxes

Property Taxes

Parcel Number
00255089300
Land Assessment
$901,443 CAD
Improvements Assessment
$154,578 CAD
Total Assessment
$1,056,020 CAD
  • Listing ID: 39547944

  • Date on Market: 2026-02-23

  • Last Updated:

  • Address: 1880 Elsa St, Naples, FL 34109

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