Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

12372 Cortez Blvd 6,104 SF 100% Leased Retail Building Brooksville, FL 34613 $6,805,110 CAD ($1,114.86 CAD/SF) 5.05% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Prime NNN investment opportunity in one of Florida's fastest growing markets. Three strong national chains under long term leases make this the perfect choice for investors looking for worry free income. Inquire today!

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,104 SF
Building Class
B
Year Built
2022
Price
$6,805,110 CAD
Price Per SF
$1,114.86 CAD
Cap Rate
5.05%
NOI
$343,709 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.26 AC
Zoning
PD - Planned Development
Parking
45 Spaces (7.37 Spaces per 1,000 SF Leased)
Frontage
102’ on Cortez Boulevard

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Services
  • -
  • -
  • Triple Net
  • Nov 2032

Hand & Stone Massage and Facial Spa's philosophy is a simple one. Because they specialize in the very highest quality massage services at affordable prices, they can make the soothing wonder of the massage experience accessible to more and more people. That turns a "massage or facial" into that rare breed of products and services, an affordable luxury. And it makes it easier for customers to "LOVE THYSELF" as often as they are sore, aching, stressed out mind and body may desire. Proving that top end spa services aren’t just for the rich and famous anymore, Hand & Stone erases what once was considered a penchant of the affluent by offering services to all levels of consumers.

  • Huey Magoo's
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • Nov 2032
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • Nov 2032

Jersey Mike’s Subs, founded in 1956 as “Mike’s Subs,” is a privately held, franchise-based fast-casual chain headquartered in Manasquan, New Jersey. Known for preparing East Coast–style subs “Mike’s Way” with fresh-baked bread and meats sliced daily, the brand now operates over 3,000 locations across North America. In November 2024, Blackstone acquired a majority stake, with Founder and CEO Peter Cancro retaining a significant equity position. The Bordentown branch, located in Acme Commons, opened in early 2025 with franchise owners Nick, Tom, and Patrick Ballad, following a ribbon-cutting featuring local officials. The company is ranked among the fastest-growing U.S. franchises and supports nationwide community initiatives, including its Annual Day of Giving.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Services - - Triple Net Nov 2032
Huey Magoo's Accommodation and Food Services - - Triple Net Nov 2032
Accommodation and Food Services - - Triple Net Nov 2032

NEARBY MAJOR RETAILERS

Chase Bank
First Watch
Cheddar's Scratch Kitchen
Bonefish Grill
LongHorn Steakhouse
Chili's Grill & Bar
Texas Roadhouse
Ruby Tuesday
Carrabba’s Italian Grill
Bob Evans

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R32-222-18-0213-0000-0060
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,037,130 CAD
  • Listing ID: 35350127

  • Date on Market: 2025-04-02

  • Last Updated:

  • Address: 12372 Cortez Blvd, Brooksville, FL 34613

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}