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Executive Summary

Prime NNN investment opportunity in one of Florida's fastest growing markets. Three strong national chains under long term leases make this the perfect choice for investors looking for worry free income. Inquire today!

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,104 SF
Building Class
B
Year Built
2022
Price
$4,875,000
Price Per SF
$798.66
Cap Rate
5.05%
NOI
$246,224
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.26 AC
Zoning
PD - Planned Development
Parking
45 Spaces (7.37 Spaces per 1,000 SF Leased)
Frontage
102’ on Cortez Boulevard

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Services
  • -
  • -
  • Triple Net
  • Nov 2032

Hand & Stone began in 2004 when physical therapist John Marco launched the spa concept with a focus on making wellness services more accessible. The company offers massage services and facial skin treatments, and its spa system also includes hair removal services. Hand & Stone operates as a franchised spa business with a broad presence across the United States and Canada. The company has built a recurring-service model around massage, facials, and related wellness treatments for guests seeking routine self-care.

  • Huey Magoo's
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • Nov 2032
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • Nov 2032

Jersey Mike's Subs began in Point Pleasant, New Jersey, in 1956 as Mike's Subs, a neighborhood sandwich shop that later became Jersey Mike's Subs. Jersey Mike's Subs operates as a fast-casual restaurant franchisor centered on submarine sandwiches, with menu items prepared Mike's Way and customer channels that include online ordering and catering. Jersey Mike's Subs has grown into a wide franchise network across the United States and Canada, with more than 3,300 locations.

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
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Chase
Bonefish Grill
LongHorn Steakhouse
Chili's Grill & Bar
Cheddar's Scratch Kitchen
First Watch
Texas Roadhouse
Bob Evans
Carrabba’s Italian Grill
Truist

Property Taxes

Property Taxes

Parcel Number
R32-222-18-0213-0000-0060
Land Assessment
$520,461
Improvements Assessment
$1,705,757
Total Assessment
$2,226,218
  • Listing ID: 35350127

  • Date on Market: 4/2/2025

  • Last Updated:

  • Address: 12372 Cortez Blvd, Brooksville, FL 34613

Contact the Sale Advisor

12372 Cortez Blvd

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