Dougall McCorkle of Premier Commercial represented buyers for the acquisition of a 30,000 square foot Class A office/warehouse complex in Naples Florida.
When I first heard that the property at 3750 Enterprise was just being listed for sale, I knew this was one the best bargains that I had seen for a long time. This property was going to move fast!
First, the building is state-of-the-art everything! No expense was spared by the unfortunate prior owner, a short sale victim. The property consists of a three story 15,000 square foot office building warehouse. The architectural design and construction awards that were earned by its creator were evident at every turn. Glass elevator, three story stone atrium, a massive entry door, and the list of goes on.
With a reported $10 million spent on the property, I knew the $2.5 million sales price was value buying at its best… especially in the great turnaround story of industrial real estate here in Naples. Thrifty-five year old flimsy metal buildings are now selling for not much less than this great property! It’s always a great position for an investor to own the absolute best building in town at about the same cost people pay for inferior products. It gives you the automatic competitive edge. Fortunately for one of my investment groups they shared my vision and acted decisively to make this asset their own.
Now to implement our strategy, we will be providing exceptional leasing opportunities to companies interested in either all or part.
The building is perfectly suited for engineering firms, contractors, distribution companies, and those wishing to combine their corporate office and warehouse and distribution functions. The all-property backup generator (not just life safety) and ability to add your own rooftop helipad are just a couple of the unique features.
If you are interested in learning more about this property, or about other Southwest Florida real estate investment opportunities, contact Dougall McCorkle to learn more.
Dougall McCorkle, MBA
Sales Associate and Commercial Specialist
Premier Commercial, Inc., Licensed Real Estate Brokers
Direct: 239.213.7234
Cell: 239.860.3368
dougall@premiermail.net