675 Piper Blvd
Naples, FL 34110
North Naples
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
FOR SALE DETAILS
PRICE
$4,759,246 USD
PRICE/SF
$496 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Eye Health America | +7 Yrs WALT | NNN Leases
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
70
LAND DETAILS
LAND ACRES
1.38 AC
LAND SF
60,113 SF
ZONING
C1
APN/PARCEL ID
68569990020
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630-854-9717
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630-854-9717
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