Retail•Neighborhood Center•For Lease
50 Wilson Blvd S, Naples, Florida 34117
Stabilized building with huge upside potential created through minor image upgrades and increased renewal rates. Extremely high barriers to entry in this corridor, as this is one of very few allowable commercial corners in a very underserved trade area with an additional out parcel for future development.
Successful shopping center located in an under-served residential area. Southeast corner of Golden Gate Blvd and Wilson Blvd.
Southeast corner of Golden Gate Blvd and Wilson Blvd.
- High performing strip center in under served trade area with high concentration of residential development
- Golden Gate Pkwy. 21,000 AADT on Golden Gate Pkwy. and 6,200 AADT on Wilson Blvd.
- High barriers to entry for new construction
- Population growth through future connectivity to I-75
- Recent capital improvements create stable forward looking cash flow
- Out lot offers additional upside through ground lease, development or sale
- Ideal demographic mix with strong population growth
- Few bays remaining in very under-served trade area
- Limited competition has equated to strong sales for existing tenants
9/10/2019 6:58:09 PM
1/15/2020 8:27:14 PM