1880 Elsa St - Warehouse FOR SALE


Naples, FL 34109- North Naples
$1,600,000 USD
239-659-1447
1880 Elsa St, Naples, FL for Sale
$1,600,000 USD
Warehouse - FOR SALE
1/5
null | 6.75% Cap Rate

1880 Elsa St
Naples, FL 34109
North Naples


HIGHLIGHTS

  • 100% Occupied - 3 Tenants. Units from ±920-sf to ±1,900-sf
  • Recently renovated units | Outdoor Storage Capability
  • Ample Parking
  • Premier North Naples Industrial Location

OVERVIEW

This 4,170± SF industrial flex property situated on 0.46± acres in North Naples Industrial Park presents a rare opportunity for stable, in-place cash flow. The building is 100% leased to three established tenants, offering immediate income with unit sizes ranging from approximately 920 ± SF to 1,900 ± SF—providing both tenant diversity and leasing flexibility. Recent renovations enhance the property’s durability and long-term appeal, supporting strong tenant retention. The site also features valuable outdoor storage and ample on-site parking, key amenities in this competitive industrial submarket. The property generates approximately $125,000 in annual rental income with low operating expenses of ~$17,000, resulting in a projected NOI of ~$108,000 and delivering an attractive, stable yield.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$414 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

12

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.46

LAND SF

20,038

ZONING

I

APN/PARCEL ID

00255089300

ASK ABOUT THIS PROPERTY

David WallaceCRE ConsultantsMore Info
239-659-1447

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David WallaceCRE ConsultantsMore Info
239-659-1447

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.