Property Listed 4.5% CRENAPLES.Com, 3510 Kraft Road #200, Naples, FL (2026)

Name: Property Listed 4.5% CRENAPLES.Com
Address: 3510 Kraft Road #200, Naples, FL, 34105, US
Telephone: +19412290888
Price range: $

05/02/2026

Just SOLD!! Medical office space
1829 Gunbarrel Rd
Chattanooga, TN 37421

2,607 SF of Office/Medical Space
$499,000 Lease up value!

Mike Rivera -
Corporate Broker for Sheffa group Inc

02/13/2026

Congratulations on the sale of CVS Island Plaza, Marco Island, Florida on Bald Eagle Drive and collier Boulevard.
Congratulations to my buddy Steve Eaheart who still works for Hendricks group of companies but is now the president of ABC Roofing supplies real estate department and Diane Hendricks of Hendricks Commercial Properties on the acquisition of Marco Island CVS Plaza, located on Bald Eagle Drive. Although I was not involved in the 2025 sale, I did facilitate the sale of the property to Diane Hendricks in 2012.
At that time, I represented the buyer Diane Hendricks and brought this exceptional opportunity to the Hendricks team, resulting in a successful transaction.

The property, previously managed by a local retired owner, was privately held and presented a valuable investment opportunity. Notably, I had submitted competing offers on the property in 2024 and January 2025, but ultimately, another party was selected. I am delighted that the Hendricks team acquired the property, given our prior relationship and their appreciation for its value. In 2012, I sold the property for $12,500,000, a remarkable price that reflected a higher-than-average cap rate for Collier County at the time.

The transaction was one of the largest sales in Collier County that year, following the Great Recession.

I commend the Hendricks team for their diligence and investment acumen, which yielded significant returns for their investors. Interestingly, the property has a rich history, dating back to its origins as an Eckerd Drugs location, with the lease still tied to Eckerd when CVS acquired the chain in 2004.

After changing hands, the property appears to have returned to local ownership, ensuring the continued presence of CVS on Marco Island. This outcome highlights the potential for value-added investments in Southwest Florida's non-institutional properties, particularly those with unique histories and strong market positions. If you are considering acquisitions in Southwest Florida, please feel free to contact me for referrals and resources. www.CRENaples.com

01/03/2025

Causation vs correlation matters!
HOUSE UNSOLD ? This pertains to you!
Do you know why your house didn't sell?

I'm a former real estate appraiser for Countrywide and many other lenders, PLUS 30 years selling SWFL.
Feel free to call on me to get the proper insight and knowledge required that 30 years of insight can give you and some of the fixes required.
Mike Rivera-Realtor,
Mike Rivera-Realtor, Appraiser,Lender

01/03/2025

Causation vs correlation matters!
HOUSE UNSOLD ? This pertains to you!
Do you know why your house didn't sell?

I'm a former real estate appraiser for Countrywide and many other lenders, PLUS 30 years selling SWFL.
Feel free to call on me to get the proper insight and knowledge required that 30 years of insight can give you and some of the fixes required.
Mike Rivera-Realtor, Fmr-Appraiser SoldIt.org

Address

3510 Kraft Road #200
Naples, FL
34105

Telephone

+19412290888

Website

http://www.crenaples.com/

Alerts

Be the first to know and let us send you an email when Property Listed 4.5% CRENAPLES.Com posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Property Listed 4.5% CRENAPLES.Com:

Property Listed 4.5% CRENAPLES.Com

05/02/2026

02/13/2026

01/03/2025

01/03/2025

Address

Telephone

Website

Alerts

Contact The Business

Shortcuts

Share

Category