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Cali Coffee Ground Lease 35952 US Highway 19 N 1,212 SF Retail Building Palm Harbor, FL 34684 $2,039,439 CAD ($1,682.71 CAD/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- New 15-Year Absolute NNN Corporate Ground Lease: Zero landlord responsibilities with 12.5% rent increases every 5 years
- Brand New 2025 Construction with Drive-Thru
- Surrounded by National Retailers: Walmart Supercenter, Publix, Crunch Fitness, and AMC Theatres
- Rapidly Growing Drive-Thru Coffee Brand: 16 stores open and 13 coming soon across Florida
- Prime Location Along U.S. Highway 19 (64,500 ADT)
- No State Income Tax in Florida
EXECUTIVE SUMMARY
Brand new 15-year absolute NNN ground lease to Cali Coffee in the Tampa MSA. This new construction drive-thru coffee concept features a strong personal guarantee from the Founder & CEO and scheduled 12.5% rent increases every five years, providing an exceptional inflation hedge and long-term income growth in a rapidly expanding market.
Cali Coffee is a rapidly growing drive-thru coffee brand founded in 2018 and headquartered in Hollywood, Florida. The company is known for its fast, friendly service and a vibrant, high-energy customer experience centered on convenience and customization. Its menu features signature iced, hot, and frozen coffees, handcrafted energy drinks, teas, lemonades, smoothies, shakes in popular flavors, and light food options.
In Association with ParaSell, Inc. | A Licensed Florida Broker #CQ105959
Cali Coffee is a rapidly growing drive-thru coffee brand founded in 2018 and headquartered in Hollywood, Florida. The company is known for its fast, friendly service and a vibrant, high-energy customer experience centered on convenience and customization. Its menu features signature iced, hot, and frozen coffees, handcrafted energy drinks, teas, lemonades, smoothies, shakes in popular flavors, and light food options.
In Association with ParaSell, Inc. | A Licensed Florida Broker #CQ105959
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,212 SF
Building Class
B
Year Built
2025
Price
$2,039,439 CAD
Price Per SF
$1,682.71 CAD
Cap Rate
5.75%
NOI
$117,257 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.57 AC
Zoning
GC
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
99’ on US Highway 19 North
AMENITIES
- Pylon Sign
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 31-27-16-00000-210-0300 | Improvements Assessment | $1,979,821 CAD |
| Land Assessment | $1,609,343 CAD | Total Assessment | $3,589,164 CAD |
PROPERTY TAXES
Parcel Number
31-27-16-00000-210-0300
Land Assessment
$1,609,343 CAD
Improvements Assessment
$1,979,821 CAD
Total Assessment
$3,589,164 CAD
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Cali Coffee Ground Lease | 35952 US Highway 19 N
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