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.
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NORTH NAPLES INDUSTRIAL FLEX BUILDING
1880 ELSA STREET, NAPLES, FL 34109
- Property Type:
- Industrial
- Size:
- 4,170± SF on 0.46± Acres
- Asking Price:
- $1,250,000
- Price/Sq. Ft.:
- $387.07 PSF
Property Resources
Property Highlights
- 100% Occupied–3 Tenants
- Unit Sizes: 920 ± SF–1,900 ± SF
- Annual Gross Rent: ~$125,000
- Annual Expenses: ~$17,000
- NOI: ~$108,000
- Recently Renovated Units
- Outdoor Storage Capability
- Ample Parking
- Premier North Naples Industrial Location
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Dave Wallace, CCIM, SIOR
Senior Vice President
David Wallace
Senior Associate