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Hobby Lobby 9955 Triangle Blvd 55,000 SF Retail Building Naples, FL 34113 $13,686,751 CAD ($248.85 CAD/SF) 5.83% Cap Rate
INVESTMENT HIGHLIGHTS
- Irreplaceable real estate in Naples, FL
- Below market rent at $10.50 psf with increases every 5 years
- Located in one of the top trade areas in Southwest, FL
- 15-year base term with over 8 years remaining
- Phenomenally successful brand in Hobby Lobby
- Strong demographics and incomes
EXECUTIVE SUMMARY
Freestanding Hobby Lobby building for sale. This building is currently occupied until November 2031 by tenant Hobby Lobby. Great investment opportunity, call for more details
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
55,000 SF
Building Class
B
Year Built
2016
Price
$13,686,751 CAD
Price Per SF
$248.85 CAD
Cap Rate
5.83%
NOI
$798,394 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
7.61 AC
Opportunity Zone
Yes
Zoning
PUD - Planned Unit Development
Parking
600 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 77510402121 | Improvements Assessment | $6,925,405 CAD |
| Land Assessment | $4,316,349 CAD | Total Assessment | $11,241,753 CAD |
PROPERTY TAXES
Parcel Number
77510402121
Land Assessment
$4,316,349 CAD
Improvements Assessment
$6,925,405 CAD
Total Assessment
$11,241,753 CAD
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Hobby Lobby | 9955 Triangle Blvd
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