Naples Office Investment

5278 Golden Gate Parkway Naples, FL 34116

5278 Golden Gate Parkway, Naples, FL, 34116
Golden Gate Main Photo
5278 Golden Gate Parkway, Naples, FL, 34116 5278 Golden Gate Parkway, Naples, FL, 34116 5278 Golden Gate Parkway, Naples, FL, 34116 5278 Golden Gate Parkway, Naples, FL, 34116
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$950,000
Last Verified:
Feb 20, 2023

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Description

• Prime Naples investment opportunity located 2 miles from Exit 105 off of I-75! This fully leased multi-tenant office building has been completely remodeled from the interior and exterior and currently is leased to three tenants with two of those tenants at below market rate. Each unit is separately metered and has its own HVAC, separate electrical panel and all have their own bathrooms within each unit. tenants are currently on Modified Gross leases and pay their own electric and telecommunications monthly. There is a professional management company that services the entire property and the owners are responsible for Quarterly Association dues that include water, sewer, trash, maintenance, management, security, lighting etc. New Roof, new exterior paint in 2021!

• Two new HVAC units
• Located within a Federally designated opportunity zone
• Exterior lighting and seal and striping done in 2021
• NOI - $44,900
• Taxes - $4,500 Association Dues: $11,000 Annual

Located on Golden Gate Parkway

Building Size: 2950sq ft
Building Class: B
Lot Size: 0 acres


Documents

Golden_Gate_Pkwy_5278-Flyer.pdf

Map of 5278 Golden Gate Parkway, Naples, FL, 34116

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.