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2400 Vanderbilt Beach Rd

12,225 SF 100% Leased Retail Building Naples, FL 34109 £5,372,068 (£439/SF) 6% Net Initial Yield

Executive Summary

Prime North Naples investment opportunity. 100% leased and stabilized trophy retail property. Built in 2008, this 12,225 SF well maintained 8 unit retail center offers Buyers consistent cash flow from a strong tenant mix. Easy to manage and with rent growth potential, this property is ideal for a 1031 or retail investor.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,225 SF
Building Class
C
Year Built
2008
Price
£5,372,068
Price Per SF
£439
Net Initial Yield
6%
NOI
£322,324
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.20
Land Acres
1.42 AC
Zoning
PUD - Planned Unit Development
Parking
55 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
79 ft on Airport Pulling Rd

Amenities

  • Bus Route
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • -
  • -
  • -
  • Jul 2027

Allstate protects people from life’s uncertainties with a wide array of protection for autos, homes and personal property. Allstate is primarily engaged in the property and casualty insurance business in the United States and Canada. Additionally, Allstate provides customers other protection solutions such as accident and health insurance, protection plans that cover consumer electronics, mobile phones and appliances and personal identity protection. The Allstate Corporation is one of the largest publicly held personal lines insurers in the United States. Allstate’s personal property-liability strategy is to increase market share by offering consumers a broad suite of protection solutions and a competitive value proposition across distribution channels.

  • Information
  • -
  • -
  • -
  • Jun 2027

Our world is rapidly being transformed by the widespread and growing availability of connectivity. And AT&T is leading the charge with their nationwide fast, reliable and secure 5G coupled with their growing, multi-gig fiber home internet service. As much as we depend on broadband connectivity today, they think this is only the beginning. They're strengthening their network to enable everything from smarter homes and cities to high-quality remote healthcare, augmented and virtual reality and sophisticated new workplace collaboration tools. Providing those connections is in AT&T’s DNA. Ever since Alexander Graham Bell’s telephone more than many years ago, they've been a leader in connecting people and businesses. They believe they have the resources, focus, expertise and people to be the best connectivity provider through 5G and fiber.

  • Follicle A Hair Salon
  • Service type
  • -
  • -
  • -
  • -
  • Nail Art
  • Service type
  • -
  • -
  • -
  • -
  • San Giuseppe Pizza
  • -
  • -
  • £29.23
  • Triple Net
  • May 2028
  • Manufacturing
  • -
  • -
  • Triple Net
  • Feb 2025

Smoky Stone Kitchens provide custom outdoor kitchens and countertops for your indoor & outdoor needs, including kitchen countertops, vanity tops and outdoor kitchen appliances. Their showroom in Naples FL displays the finest materials in the market, including quartz, marble and granite. Their dedicated team ensures professional, hassle-free and trustworthy installation. Smoky Stone Kitchens is a team of professionals with the goal to achieve or exceed customer's expectation. They believe that a company is nothing more than a group of people working to make a positive impact in people's lives. To achieve this goal, they apply their core values in their every day activities.

  • Retailer
  • -
  • -
  • Negotiable
  • Feb 2023

Storm Smart Industries is one of the largest hurricane protection companies in the state of Florida. Storm Smart designs manufacturers and installs a large variety hurricane protection products.Storm Smart also manufactures The Storm Catcher Wind Abatement Screen - the leading hurricane wind abatement screen in the industry.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Finance and Insurance - - - Jul 2027
Information - - - Jun 2027
Follicle A Hair Salon Service type - - - -
Nail Art Service type - - - -
San Giuseppe Pizza - - £29.23 Triple Net May 2028
Manufacturing - - Triple Net Feb 2025
Retailer - - Negotiable Feb 2023

Nearby Major Retailers

Orangetheory Fitness
Club Pilates
Fitness Together
Synovus Bank
Starbucks
Fifth Third Bank
The Original Pancake House
Publix Supermarket
Truist
PNC Bank
  • Listing ID: 33703574

  • Date on Market: 31/10/2024

  • Last Updated:

  • Address: 2400 Vanderbilt Beach Rd, Naples, FL 34109

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