Naples industrial property sells for $26.5 million

By Louis Llovio
| 8:05 a.m. July 25, 2026
| 2 Free Articles Remaining!

Naples Small Bay, an 83,607-square-foot high industrial property, has sold.

Charlotte–Lee–Collier

Naples Small Bay, an 83,607-square-foot small-bay industrial property, has sold for $26.5 million.

The property is at 4110-4120 Enterprise Ave., not far from Naples Airport. It sits on 5 acres and is made up of two concrete buildings with a total of 48 suites.

Colliers, which announced the deal and represented the seller, VentureOne Real Estate, says it was 82% leased at the time of sale with a tenant roster that includes 30 professional service, contractor and distribution businesses.

The buyer was Midtown Capital Partners, a Miami investment, development and asset management firm.

VentureOne paid $17.4 million for it in 2024 according to Collier County property records.

Prior to the sale, the property underwent some capital improvements including a thermoplastic polyolefin roof overlay, exterior enhancements and suite modernizations.

The property has 18-foot clear heights and six vacant suites.

Colliers’ Jimmy Ullrich, Michael Macchia, Abby Cronin and Rebekah Crone represented VentureOne.

author

Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.