Updated Dec 4, 2024
Kyle Grant's Venture One Acquires Industrial Buildings In Naples For $17M
4120 Enterprise Avenue
$17,000,000
$203/SF
Building Size
83,500 SF
Asset Type
Industrial
Closing
Jan 23, 2024
About this deal
AI
A Chicago-based private equity firm called Venture One has acquired two industrial buildings in East Naples for a total of $17 million. These buildings, with a combined total of 83,500 square feet, were sold by David & Neil Braverman, who are associated with Naples Industrial Estates LLC.
Summary of transaction details:
- Property Type: Industrial
- Sale Price: $17,000,000
- Square Feet: 83,500
- Address: 4120 Enterprise Avenue, Naples
- Market: Naples
Venture One specializes in industrial real estate and has a focus on infill locations. As a private equity firm, they plan to operate the newly acquired properties in accordance with their expertise in the industrial real estate sector.
On the Map
$17,000,000
$203/SF
Industrial
View full map
Players
Naples Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Naples industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93