Matthew Fredrickson 2393343040
Doug Olson 2393343040

Hobby Lobby 9955 Triangle Blvd 55,000 SF Retail Building Naples, FL 34113 $9,900,000 ($180/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

CM_HobbyLobbyOM

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

55,000 SF

Building Class

Year Built

2016

Price

$9,900,000

Price Per SF

$180

Cap Rate

5.83%

NOI

$577,500

Tenancy

Single

Building Height

1 Story

Building FAR

0.17

Lot Size

7.61 AC

Opportunity Zone

Yes

Zoning

PUD

Parking

600 Spaces (10 Spaces per 1,000 SF Leased)

Frontage

284’ on Triangle

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
Tamiami Trl	Collier Blvd, SE	27,573	2025	0.24 mi
Collier Blvd	Beach Resort Blvd, NE	17,064	2018	0.35 mi
Isle of Capri Rd	Eagle Creek Dr, S	34,233	2025	0.51 mi
Tamiami Trl	Collier Blvd, NW	11,075	2025	0.52 mi
Tamiami Trail	Tamiami Trl E, NW	34,374	2025	0.64 mi
Collier Boulevard	Veryl Blvd, SW	34,207	2025	0.89 mi
Lely Resort Boulevard	Cordoba Pl, SW	9,148	2025	1.44 mi
Grand Lely Drive	Players Cove Dr, NW	6,971	2025	1.51 mi
Tamiami Trail	Creative Dr, NW	18,440	2025	1.56 mi
US 41	Creative Dr	22,806	2025	1.57 mi