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CiCi's Plaza 12109-12115 Cortez Blvd 6,650 SF 100% Leased Retail Building Brooksville, FL 34613 $4,901,130 CAD ($737.01 CAD/SF) 8.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Built-in Consumer Base: Three communities totaling over 1,600 single-family homes reside within two miles of the property
- Hospital Proximity: Adjacent to Hernando County’s biggest hospital
- Limited Tenant Competition: There is only one other dispensary and one other national chain pizza location within three miles of the property
EXECUTIVE SUMMARY
StripCenters.com is pleased to present a 100% Fee Simple strip center. This offering is comprised of one building and one billboard, with the building tenants including Cookies Cannabis dispensary and CiCi’s Pizza. Three reasons to acquire this property include:
1. Built-in Consumer Base: There are three massive single-family communities right next to your property totaling over 1,600 homes. These master-planned neighborhoods, recently built and long standing alike, forge a stable and durable consumer base for your property’s Tenants to tap into.
2. Limited Tenant Competition: There is only one competing store in each of your Tenant’s respective industries within three miles, exponentially increasing the level of sales this location can reach.
3. HCA Florida Hospital Proximity: HCA Florida Oak Hill is the largest hospital in Hernando County, and it resides just a stone’s throw away from your property. The high traffic this location experiences will certainly spill over to the closest casual dining shop and dispensary to it: your property.
1. Built-in Consumer Base: There are three massive single-family communities right next to your property totaling over 1,600 homes. These master-planned neighborhoods, recently built and long standing alike, forge a stable and durable consumer base for your property’s Tenants to tap into.
2. Limited Tenant Competition: There is only one competing store in each of your Tenant’s respective industries within three miles, exponentially increasing the level of sales this location can reach.
3. HCA Florida Hospital Proximity: HCA Florida Oak Hill is the largest hospital in Hernando County, and it resides just a stone’s throw away from your property. The high traffic this location experiences will certainly spill over to the closest casual dining shop and dispensary to it: your property.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,650 SF
Building Class
B
Year Built/Renovated
2004/2025
Price
$4,901,130 CAD
Price Per SF
$737.01 CAD
Cap Rate
8.15%
NOI
$399,654 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.01 AC
Zoning
C2 - General Commercial
Parking
62 Spaces (9.32 Spaces per 1,000 SF Leased)
Frontage
213’ on Cortez Blvd
AMENITIES
- Pylon Sign
- Restaurant
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R29-222-18-2554-0000-0010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,121,485 CAD |
PROPERTY TAXES
Parcel Number
R29-222-18-2554-0000-0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,121,485 CAD
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CiCi's Plaza | 12109-12115 Cortez Blvd
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