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Warehouse

5510-5550 Shirley Street

5550 Shirley St, Naples, FL 34109

Listing Price: $8,400,000

Cap Rate
6.35%
Gross SF
33,750
Price/Gross SF
$248.89
Lot Size
2.37 acres
Year Built
1974
Rentable SF
33,750

Investment Overview

Marcus and Millichap is pleased to present 5510-5550 Shirley Street, Naples, Florida, a 33,750 square-foot, 3 building small bay/industrial portfolio in extremely affluent north Naples, Florida. Ideally located just 3 miles west of lnterstate-75 and just north of highly trafficked Pine Ridge Road, each of the three buildings consists of 11,250 square-feet with units ranging in size from 1,250-3, 750 square and one long term tenant occupies an entire 11,250 SF building. All leases are short term, triple net
with 3% annual increases and at below current market rents. There is a total of 10 units and 7 tenants. The property has been exceptionally maintained with a new roof completed on 1 building in 2021 (10-year warranty) and another roof completed in 2024 (15-year warranty). The property sits on 2.37 prime acres, has 330 feet of direct frontage and is directly across the road from The Country Club of Naples and is surrounded by a tremendous of residential communities as well as national retailers
such as Lowe’s Home Improvement, Costco, Target, Chick-Fil-A and much more.

5510-5550 Shirley Street offers an investor the rare opportunity to acquire a tremendously well-maintained, 100% occupied small bay industrial portfolio in an extremely affluent, high barrier of entry marketplace with ease of management and significant upside.

Investment Highlights

  • 100% Occupied with Below Market Rents
  • High Barrier of Entry Marketplace
  • Impeccably Maintained on Huge 2.37 Acre Lot

Exclusively Listed By

Financing By

Warehouse

5510-5550 Shirley Street

Listing Price: $8,400,000

Cap Rate
6.35%
Gross SF
33,750
Price/Gross SF
$248.89
Lot Size
2.37 acres
Year Built
1974
Rentable SF
33,750

Investment Highlights

  • 100% Occupied with Below Market Rents
  • High Barrier of Entry Marketplace
  • Impeccably Maintained on Huge 2.37 Acre Lot

Investment Overview

Marcus and Millichap is pleased to present 5510-5550 Shirley Street, Naples, Florida, a 33,750 square-foot, 3 building small bay/industrial portfolio in extremely affluent north Naples, Florida. Ideally located just 3 miles west of lnterstate-75 and just north of highly trafficked Pine Ridge Road, each of the three buildings consists of 11,250 square-feet with units ranging in size from 1,250-3, 750 square and one long term tenant occupies an entire 11,250 SF building. All leases are short term, triple net with 3% annual increases and at below current market rents. There is a total of 10 units and 7 tenants. The property has been exceptionally maintained with a new roof completed on 1 building in 2021 (10-year warranty) and another roof completed in 2024 (15-year warranty). The property sits on 2.37 prime acres, has 330 feet of direct frontage and is directly across the road from The Country Club of Naples and is surrounded by a tremendous of residential communities as well as national retailers such as Lowe’s Home Improvement, Costco, Target, Chick-Fil-A and much more. 5510-5550 Shirley Street offers an investor the rare opportunity to acquire a tremendously well-maintained, 100% occupied small bay industrial portfolio in an extremely affluent, high barrier of entry marketplace with ease of management and significant upside.

Exclusively Listed By

Financing By

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