Highlights
- Rare High-Quality Naples, Florida Shopping Center Opportunity
- Triple Net Leases – Lease Expirations Staggered Over 10 Years
- Battle Tested / High Quality Construction – Recently Stood the Force of Hurricane Ian With No Damage
- Extremely Affluent Area – HH Income $144,871K+ for 1, 3 & 5 Mile Radius’, $665,000 Median Home Value
- Adjacent to Signalized Intersection – 41,900 Average Daily Traffic Count
- Directly across from: Gulf Coast High School with 2,530 Students, Faculty & Administrators, Laurel Oak Elementary School with 1,140 Students, Faculty & Administrators, Heritage Greens Community with 530 Homes, and Arrowhead Golf Course – Voted Best Collier County Public Golf Course
- Naples, FL – Multi-Family Rents Have Increased an Astounding 52%+ Over the Past 36 Months and Median Home Value Is Up 40%+ From 2020.
Description
Marcus & Millichap is pleased to present Bougainvillea Center, a truly rare investment opportunity for an investor to purchase a shopping center with a proven track record of success in the market of Naples, FL. Bougainvillea Center presents a huge opportunity to with triple net leases with expirations staggered over the next 10 years. The center is also built with high quality construction that recently stood the force of Hurricane Ian with no damage. Bougainvillea Center is Directly across from: Gulf Coast High School with 2,530 students, faculty & administrators, Laurel Oak Elementary School with 1,140 students, faculty & administrators, Heritage Greens Community with 530 homes, and Arrowhead Golf Course which was voted best Collier County public golf course. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.
Contact Brokers
Jim Shiebler, CCIM, CEC
First Vice President Investments
Jim.Shiebler@MarcusMillichap.com
(O) 239.340.7811
FL #SL3347780
James Garner, CCIM
First Vice President Investments
James.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659
