Former Big Cypress Marketplace now 107,000-square-foot storage facility

A North Carolina self-storage company has transformed the property once the site of the Naples flea market.

By Louis Llovio
| 4:45 p.m. December 11, 2023
| 2 Free Articles Remaining!

A North Carolina self-storage company has transformed the Big Cypress Marketplace Naples flea market.

Charlotte–Lee–Collier

A 503-unit storage facility has opened on the site of what once was Big Cypress Marketplace.

North Carolina-based Go Store It Self Storage transformed the site of the former flea market into an 107,194-square facility that, it says in a statement, meets “the demands of the fast-growing market.”

The site was home to the market market which housed 205 vendor spaces, a restaurant, a tiki bar and a theater. According to 2015 story in the Business Observer, an affiliate of Suburban Bank and Trust Co., foreclosed on the property in July 2011 and sold it to an LLC named Heritage Property Holdings for $2.8 million in 2015.

Collier County property records show Go Store It paid $8.15 million for the property in 2021.

According to a statement, the property at 220 Basik Drive is an adaptive reuse project with 503 secure, climate-controlled storage units.

Go Store It is part of the Madison Capital Group and currently has 7.1 million square feet in 17 states under management. Of that, the company has eight locations in Florida including one each in Fort Myers and Bradenton, in addition to the new one in Naples.

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.