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661 Tamiami Trl N 6,480 SF Retail Building Naples, FL 34102 $6,256,215 CAD ($965.47 CAD/SF) 4.47% Cap Rate



Investment Highlights
- Tamiami Trail (US 41) Frontage
- D - Downtown Zoning City of Naples
- Not in a Flood Zone! All Impact Glass and Doors
- Prominent Building Signage
- New Roof 2024
- Investment with upside potential
Executive Summary
A very rare, prime freestanding commercial building with direct frontage on US 41 in the heart of Naples Downtown District. Currently leased to Flanders Outdoors Living dba Belamo, generating strong income with minimal landlord responsibilities. The building is 6,488sf situated on approx. 0.46 acres on land, zoned D-Downtown in the City of Naples. Completely remodeled and renovated in 2012, the buildings unique aesthetics, including five (5) glass roll-up garage doors (impact rated) and frontage presence command the attention of the 50K +/- average daily traffic. Superior frontage and direct access from the west side of 9th Street N (Tamiami Trail N/US41), prominent building signage, CBS construction with all impact doors, new roof in 2024, 3 phase power supply, accessible parking, 10x10 rear roll up delivery door, and being in a X500 Flood Zone (No FEMA 50% rule), offer more than a few compelling reasons to consider this investment. The property is immediately surrounded by Naples most affluent demographics, #1 rated beaches, and within a quick golf cart/bike ride to/from the world-renowned 5th Avenue South and the Naples Beach Club a Four Seasons Resort.
*Photos are not current and will be updated.
PLEASE DO NOT DISTURB THE TENANT OR WALK THE PROPERTY UNACCOMPANIED BY THE AGENT.
Contact Jon Kepple with any questions and to schedule an appointment to view the property.
*Photos are not current and will be updated.
PLEASE DO NOT DISTURB THE TENANT OR WALK THE PROPERTY UNACCOMPANIED BY THE AGENT.
Contact Jon Kepple with any questions and to schedule an appointment to view the property.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,480 SF
Building Class
C
Year Built/Renovated
1972/2012
Price
$6,256,215 CAD
Price Per SF
$965.47 CAD
Cap Rate
4.47%
NOI
$279,632 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.45 AC
Zoning
NAPLES - "D" Downtown Naples -
Parking
22 Spaces (3.4 Spaces per 1,000 SF Leased)
Frontage
132’ on 9th St
Amenities
- Freeway Visibility
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17915080001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,395,096 CAD |
Property Taxes
Parcel Number
17915080001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,395,096 CAD
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661 Tamiami Trl N
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