$6,800,000

About This Property

Invest Smart with Mangrove Business Center: Prime 1031 Exchange Opportunity. Unlock the potential of 1031 exchange funds with the Mangrove Business Center, a lucrative industrial investment property nestled at 3940 Prospect Ave in Naples, FL. Spanning an impressive 28,466 square feet and featuring six units, this property promises a solid return on your investment. At present, these units are thoughtfully leased to a diverse array of tenants, including a Not-for-profit food bank, fitness studio, plumbing and building supplies provider, custom cabinet company, and a national pest control company. The blend of tenants ensures a stable and diversified income stream. Located in the heart of a prime industrial zone in Naples, Mangrove Business Center offers investors a golden opportunity. Its proximity to major highways and thriving businesses enhances its appeal, making it a strategic choice for those seeking to invest in Naples FL commercial real estate. Elevate your investment portfolio with the Mangrove Business Center.

infoProperty Details

Property Type

Industrial: Flex Space

Year Built

2000

Lot Size

2.35 acres

Days on Market

153

Cumulative DOM

701

List Date

Jul 21, 2023

Sold Date

Jan 25, 2024

Annual Taxes

$56K (2022)

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

Bartley Realty LLLP

239-261-1186