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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 Massage and Facial Spa began in 2004 as a spa concept built around accessible wellness services and has since grown into a franchised massage and facial spa brand. The business centers on therapeutic massage, facial treatments, and related spa offerings, with membership-based services designed for recurring visits. Public company materials describe a substantial North American footprint with spas across the United States and Canada, supported by a franchise network. Hand & Stone continues to position its model around personal care, professional services, and a broad spa-services platform.

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

Jersey Mike’s began as Mike’s Subs in 1956 on the Jersey Shore and later grew into a franchised sandwich business known for East Coast-style subs prepared “Mike’s Way,” with onions, lettuce, tomatoes, oil, vinegar, and spices. The company focuses on submarine sandwiches, wraps, bowls, catering, and online ordering, while also selling chips, drinks, desserts, and other menu items through its restaurant system. Jersey Mike’s has expanded into a large North American chain with thousands of locations and continues to emphasize fresh-sliced meats and cheeses, in-store baked bread, and made-to-order service.

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
Chase Bank
Cheddar's Scratch Kitchen
Bonefish Grill
LongHorn Steakhouse
Chili's Grill & Bar
First Watch
Texas Roadhouse
Ruby Tuesday
Bob Evans

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

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