70 Golden Gate Blvd E
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70 Golden Gate Blvd E
2 Retail Properties Offered at £11,046,000 in Naples, FL
Investment Highlights
- CBS Construction
- High Barriers to Entry
- Signalized Intersection
- Captured Consumer Base
Executive Summary
KOVA Commercial Group is pleased to exclusively present Wilson Plaza, a prime commercial asset located at the signalized intersection of Wilson Boulevard and Golden Gate Boulevard in Naples, FL. This trophy property features two buildings totaling 36,348 SF upon 5.14 acres along Golden Gate Boulevard, the main corridor connecting downtown Naples to the coveted Golden Gate Estates.
Wilson Plaza is unique in that its barriers to entry for future commercial development are extremely high as well as local year round residential population; making Wilson Plaza a daily visit for the 30,000 residents in the Golden Gate Estates.
This value-add opportunity is currently 100% occupied by a strong mix of national, local and regional tenants all of which are on NNN leases with attractive annual escalations. There is significant upside on rolling up below market rents as well as acquiring the adjacent outparcel for future development.
Wilson Plaza is unique in that its barriers to entry for future commercial development are extremely high as well as local year round residential population; making Wilson Plaza a daily visit for the 30,000 residents in the Golden Gate Estates.
This value-add opportunity is currently 100% occupied by a strong mix of national, local and regional tenants all of which are on NNN leases with attractive annual escalations. There is significant upside on rolling up below market rents as well as acquiring the adjacent outparcel for future development.
Property Facts
| Price | £11,046,000 | Status | Active |
| Price / SF | £308.07 / SF | Number of Properties | 2 |
| Sale Conditions | 1031 Exchange | Individually For Sale | 0 |
| Net Initial Yield | 6.60% | Total Building Size | 35,856 SF |
| Sale Type | Investment | Total Land Area | 11.62 AC |
| Price | £11,046,000 |
| Price / SF | £308.07 / SF |
| Sale Conditions | 1031 Exchange |
| Net Initial Yield | 6.60% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 35,856 SF |
| Total Land Area | 11.62 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Wilson Plaza Building A
80 Wilson Blvd S, Naples, FL 34117 |
Retail | 17,928 SF | 2007 | - |
|
Wilson Plaza Building B
50 Wilson Blvd S, Naples, FL 34117 |
Retail | 17,928 SF | 2008 | - |
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Felipe Arcila -
Bryan Flores -
Cody Shadley -
Kova Commercial Group
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70 Golden Gate Blvd E
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