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12372 Cortez Blvd 6,104 SF 100% Leased Retail Building Brooksville, FL 34613 $4,875,000 ($798.66/SF) 5.05% Cap Rate



Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Hand & Stone is a wellness and personal care brand founded in 2004. The company operates a nationwide network of franchised spas that offer massage, facial, and related skincare services. Headquartered in Trevose, Pennsylvania, the organization focuses on standardized service delivery across its franchise system and supports its operators through centralized corporate functions. Over time, the brand has expanded its service menu to include massage therapy, customized facials, hair removal, and skin treatment enhancements carried out by licensed professionals. Hand & Stone is structured as a privately held company and was acquired by Harvest Partners in 2022, further positioning it for continued operational growth within the wellness sector. The company’s model emphasizes recurring service usage through membership programs, which are widely integrated across its franchise locations.
- Huey Magoo's
- 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
Property Taxes
| Parcel Number | R32-222-18-0213-0000-0060 | Improvements Assessment | $1,705,757 |
| Land Assessment | $520,461 | Total Assessment | $2,226,218 |
Property Taxes
Presented by
12372 Cortez Blvd
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