facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Office

/

Sale

/

1030 Collier Center Way, Na...

Collier Center Way Development Inc Sells Naples Property For $13.1M With Brock Rasmussen And Clay Winfield
SOLDOffice

Collier Center Way Development Inc Sells Naples Property For $13.1M With Brock Rasmussen And Clay Winfield

1030 Collier Center Way, Naples, FL...

$13,100,000

$172/SF

Building Size

75,875 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The property involved in this transaction is an approximately 75,875-square-foot office, warehouse, and flex property located at 1030 Collier Center Way in Naples, Florida. The sale was completed at a price of $13,100,000.00, highlighting the market's activity in Naples.

Summary of transaction details:

  • Property Type: Office, Warehouse, and Flex
  • Transaction Amount: $13,100,000.00
  • Address: 1030 Collier Center Way, Naples, FL
  • Market: Naples
  • Buyer: Forefront Collier Venture LLC
  • Seller: Collier Center Way Development Inc
  • Buyer's Representative: Brock Rasmussen - Lee & Associates
  • Seller's Representatives: Clay Winfield - WBDC Inc, David Stevens

This transaction involves various representatives, with Brock Rasmussen of Lee & Associates representing the buyer, Forefront Collier Venture LLC. The seller, Collier Center Way Development Inc, was represented by Clay Winfield of WBDC Inc and David Stevens of Investment Properties Corp, illustrating a collaborative effort among the real estate professionals involved.

Players

David Stevens

Investment Properties

Broker

$81.2M

vol

4 deals

Broker

Naples Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.21%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93