Bob Linekin Acquires Industrial Asset From Dan Goodman & Adam Kent For $7.95M In Naples
SOLD
$7,950,000
Florida
See Similar DealsIndustrial33,000 SF
Sold 02/09/2026
SOLD
Bob Linekin Acquires Industrial Asset From Dan Goodman & Adam Kent For $7.95M In Naples
5550 Shirley Street
See Similar DealsIndustrial33,000 SF
Sold 02/09/2026
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$240
Total Square Footage:33,000 SF
Transaction Type:Sale
The property asset involved in this transaction is an industrial facility located at 5550 Shirley Street, Naples. The sale price for the property was $7,950,000, which encompasses a total square footage of 33,000. This reflects a price per square foot of $240.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,950,000
- Square Footage: 33,000
- Price Per Square Foot: $240
- Buyer: Bob Linekin
- Seller: Dan Goodman & Adam Kent
- Broker: Howard Bregman - Marcus & Millichap
- Date of Transaction: 02/09/2026
This deal prominently features Bob Linekin as the buyer, while Dan Goodman and Adam Kent acted as the sellers. The transaction was facilitated by broker Howard Bregman from Marcus & Millichap, ensuring a professional handling of the complexities involved in the sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$424,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,244.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,687.06
Annual Debt Service$452,244.67
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