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Eye Health America | +7 Yrs WALT | NNN Leases 675 Piper Blvd 9,596 SF 100% Leased Office Building Naples, FL 34110 $6,640,100 CAD ($691.97 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • High Caliber Operator – The property is anchored Eye Health America – a leading regional ophthalmology operator with 53 locations across Florida, Geor
  • NNN Leases – The tenant leases are strategically structured as a NNN with the tenants responsible for all CAM, insurance, and taxes. This makes this i
  • Favorable Depreciation – This investment opportunity offers investors the ability to realize material tax savings by realizing bonus depreciation
  • Long-Term Lease – Approximately 78% of the property’s rentable square footage is leased to Eye Health America which has over eight years of remaining
  • Above Market Rental Escalators – This investment features 3% annual escalators which is above the national average and also serves as a great hedge ag
  • Strong Market – Naples is a highly sought after market within Florida and the property features a five-mile population of 162k and five-mile AHHI of j

EXECUTIVE SUMMARY

Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,596 SF
Building Class
B
Year Built
2004
Price
$6,640,100 CAD
Price Per SF
$691.97 CAD
Cap Rate
6.50%
NOI
$431,607 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,596 SF
Building FAR
0.16
Lot Size
1.38 AC
Zoning
C1 - Commercial
Parking
70 Spaces (6.75 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Eye Health Of Naples
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -
  • JCM Fitness LLC
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
  • -
  • Tailormade Fitness
  • Services
  • -
  • -
  • Triple Net
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Eye Health Of Naples Health Care and Social Assistance - - - -
JCM Fitness LLC Arts, Entertainment, and Recreation - - - -
Tailormade Fitness Services - - Triple Net -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
68569990020
Land Assessment
$2,162,897 CAD
Improvements Assessment
$1,545,164 CAD
Total Assessment
$3,708,060 CAD
  • Listing ID: 38188822

  • Date on Market: 2025-10-23

  • Last Updated:

  • Address: 675 Piper Blvd, Naples, FL 34110

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