For Sale $3,550,000
Property Type Office
Property Size 12,281 SF
Cap Rate % 6.02
Zoning Commercial
Additional Rent Contact for pricing
# of Floors 3
Property Tenancy Multi-Tenant
Year Built 1993
Year Renovated 2021
Date Updated Oct 18, 2024
Visibility/Traffic Count (VPD) 53,000

2% Commission for Buyer’s Agents. Incredible investment opportunity with nearly 12,281 sqft of Professional Office Condos in Downtown Naples on the bustling Airport Road with an extremely high vehicle and foot traffic count. Naples is the wealthiest city in Florida, known for its white sand beaches, expansive golf courses, and luxurious homes. The thriving economy commands high rents and low vacancy rates.

Court plaza offers a Class A office working experience right in Naples, directly next to the Collier County Government Center and the Collier County Courthouse. This portfolio of condos houses a variety of tenants including the Departments of Health and Juvenile Justice, various Law Practices, and Mortgage Lenders. Nearby National retailers include Walmart, Publix, Starbucks, Dunkin, and many many more.

A perfect addition to your investment portfolio, with a full renovation completed in 2021, fully leased Commercial Condos and a Condo Association taking care of the property, providing bare minimum landlord responsibilities, start cash flowing from day one.

Full Control of the HOA – 14 of 18 Total HOA Units for Sale.
Full Renovation Completed in 2021.
If Buyer Acquires Remaining 4 Units, Building will be Valued Around $8.5MM.
Value Add Potential Through Converting all Leases to NNN

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

Naples, the wealthiest city in Florida

Contacts

Zach Pranger

Group Realty LLC

Location

Getting Around

Walk Score ®
59/100 Somewhat Walkable
Bike Score ®
77/100 Very Bikeable

Map
Street

City Naples, FL
Neighborhood East Naples
Zip Code 34112

Points of Interest

Chevron

0.39 miles
RaceTrac

0.40 miles
7-Eleven

0.83 miles
Shell

0.91 miles
Speedway

1.15 miles
Tesla Supercharger

1.79 miles
Circle K

2.19 miles
JUS

3.96 miles
Naples Pine Ridge Road Supercharger

5.51 miles
Naples Premier Way Supercharger

5.91 miles

Lakewood Country Club of Naples

1.02 miles
Riviera Golf Club

2.06 miles
Hibiscus Golf Club

2.32 miles
Parking A

2.83 miles
Parking B

2.85 miles
Parking C

2.87 miles
Royal Palm Country Club

3.07 miles
Lot J

3.21 miles
Lot K

3.23 miles
Lot L

3.27 miles

Glades Motel

0.25 miles
Sunrise Motel

0.65 miles
Tamiami Motel

0.86 miles
Red Roof PLUS+ & Suites Naples Downtown-5th Ave S

1.20 miles
Holiday Inn Express & Suites Naples Downtown - 5th Avenue

1.25 miles
La Quinta Inn & Suites Naples Downtown

1.32 miles
Naples Bay Resort

1.47 miles
Hyatt House

1.62 miles
Charter Club Resort of Naples Bay

1.75 miles
Cove Inn on Naples Bay

1.79 miles

Parrot 41

0.33 miles
Alice

0.33 miles
McDonald's

0.42 miles
Dunkin'

0.45 miles
Grand Buffet

0.49 miles
The real macaw

0.60 miles
Rumba Cuban Café

0.71 miles
Taqueria San Julian

0.81 miles
Tacos & Tequila Cantina

1.08 miles
Pho An Vietnamese Cuisine

1.09 miles

Shadowlawn Elementary School

0.36 miles
Lorenzo Walker Technical College

0.73 miles
East Naples Middle School

0.78 miles
Lorenzo Walker Technical High School

0.80 miles
Avalon Elementary School

1.53 miles
Saint Ann School

2.21 miles
Gulfview Middle School

2.30 miles
Seacrest Country Day School

2.42 miles
Lake Park Elementary School

2.97 miles
Calusa Park Elementary School

3.17 miles

Grace Lutheran Preschool

2.99 miles
Boys & Girls Club of Collier County

3.09 miles

Frequently Asked Questions

How much does Court Plaza III cost?

The space currently listed for sale at Court Plaza III asks for $3,550,000.

What is the total square footage of Court Plaza III?

Court Plaza III totals 12,281 square feet.

When was this property built?

Court Plaza III was built in 1993.

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