Ashley Cho Acquires Retail Property In Naples From Robert Faller For $5 Million
2515 Shadowlawn Drive
$6,500,000
$499/SF
Building Size
13,013 SF
Asset Type
Retail
Closing
Oct 26, 2026
About this deal
AI
The property asset involved in the transaction is a retail space located at 2515 Shadowlawn Drive in Naples. The sale price of the asset was $5,000,000, and it comprises a total square footage of 13,013. The price per square foot for the transaction is recorded at $384.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,000,000
- Address: 2515 Shadowlawn Drive
- Market: Naples
- Square Footage: 13,013
- Price per Square Foot: $384
- Buyer: Ashley Cho
- Seller: Robert Faller
- Buyer’s Representative: Jonathan De La Rosa & Eduardo Toledo - Marcus & Millichap
This transaction was facilitated by Jonathan De La Rosa and Eduardo Toledo, who represent Ashley Cho in the deal, while Robert Faller is the seller of the property. Marcus & Millichap is the brokerage firm involved in the transaction.
On the Map
$6,500,000
$499/SF
Retail
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Players
Naples Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93