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675 Piper Blvd
Naples, FL 34110 North Naples

$4,759,246 USD

Medical For Sale  •  9,596 SF

Property Details

  • Property Type Medical
  • Total Building Size 9,596 SF
  • Lot Size 1.38 AC
  • Building Class B
  • Year Built 2004
  • Cap Rate 6.50 %
  • Tenancy Multiple
  • Zoning C1
30 Transit Score
50 Walk Score

Highlights

High Caliber Operator – The property is anchored Eye Health America – a leading regional ophthalmology operator with 53 locations across Florida, Geor
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
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
Above Market Rental Escalators – This investment features 3% annual escalators which is above the national average and also serves as a great hedge ag
Favorable Depreciation – This investment opportunity offers investors the ability to realize material tax savings by realizing bonus depreciation
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
Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Eye Health Of Naples
JCM Fitness LLC
Tailormade Fitness

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Southwest Florida International 34 min - 24.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Tyler Swade 630-854-9717 Matthews Real Estate Investment Services
Tyler Swade 630-854-9717 Matthews Real Estate Investment Services