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Hobby Lobby 9955 Triangle Blvd 55,000 SF Retail Building Naples, FL 34113 $13,533,796 CAD ($246.07 CAD/SF) 5.83% Cap Rate

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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

This free-standing Hobby Lobby is located at the signalized intersection of US Highway 41 and Collier Blvd, one of Southwest Florida’s top retail corridors with over 70,000± combined VPD. The property features excellent visibility, cross-parking rights, and irreplaceable real estate in a premier Naples trade area surrounded by dominant retail centers. Backed by a nationally recognized, best-in-class tenant with a long-term lease in place, this asset offers stable cash flow and long-term value in one of Florida’s most affluent and supply-constrained markets.

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