Located in Naples, Florida, this property is a freestanding, single-tenant building of Tractor Supply. Famous for its shopping, golf course, and family gateways, Naples is an affluent city on the Gulf of Mexico in southwest Florida. The city has a population of more than 21,948 residents, having an average annual household income of over $90,507. The subject property is located just 10 minutes from Physicians Regional Hospital-Collier Blvd. Campus, which has a property size of 212,400 sq.ft., 100 Bed accommodation, including a 94,000 sq.ft. medical building inside the campus. Florida Southwestern State College, which has a student count of 16,576, is also located nearby. Sugden Regional Park, a famous 60-acre lake comprising of freshwater beach recreational area with walking lane, picnic areas, and paddle boats, is situated just 8 minutes from the property.
The subject property is strategically positioned along Tamiami Trail (U.S. Route 41) and Collier Boulevard and sees a traffic count of over 57,000 vehicles every day. The Tamiami Trail connects Downtown Miami to the Gulf Coast in Tampa via scenic Everglades. Several national retailers are located in the proximity, including Lowe’s, Walmart, Hobby Lobby, Marshalls, Ross Stores, Michael’s, Publix, Walgreens, 7-Eleven, and CVS.
This investment property is suitable for a 1031 exchange.
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