| Price $24,725,000 | Built/Renov 1995/2000 | Tenant The Home Depot |
| Cap Rate 5.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
111,694
| Lease Start
05-11-1997
| #Units
2,322
|
| Price/SF $221.36 | Expiration
05-11-2027
| Tenant Type Big Box Retail |
| NOI $1,236,250 | R. Term 2.12 | Ownership Fee Simple |
| Rent/SF
$11.07
| Increases 7.5%/3/yrs | Pop 5Mi 248,178 |
| Lot/AC 13.13 | Options 2/5yrs/7.5% | AHHI 5Mi $83,472 |
| | |
Home Depot is strategically located at the signalized, hard corner intersection of Gulf to Bay Blvd. and Druid Road, with access to a combined daily traffic count of 59,500 vehicles. The property is positioned along a major retail corridor with well-known national tenants including Costco, Sam’s Club, Target, Lowe’s Home Improvement, Walmart Neighborhood Market, Publix, and more. The 5-mile...
...Signalized intersection
Hard corner intersection
High traffic 50M+ VPD
Freeway close
Top 100 MSA
Income tax free state
Long operation history
Absolute NNN
Traded and rated company
Investment grade tenant
The Home Depot, Inc. (NYSE: HD), is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, and is the largest home...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 18,251 | 100,976 | 249,780 |
| 2023 Total Population : | 17,402 | 99,948 | 248,855 |
| 2023 Employed Civilian Pop : | 9,496 | 50,690 | 123,955 |
| 2023 Total Businesses : | 875 | 4,439 | 13,966 |
| 2023 Average Household Income : | $ 78,382 | $ 84,039 | $ 83,641 |
| 2023 Total Consumer Spending : | $ 577 M | $ 3268 M | $ 8338 M |
| 2023 Median Age : | 47 | 48 | 49 |
| 2023 Total Households : | 8,454 | 44,758 | 114,567 |
| 2023 Pop Age 25+: Bachelor's Degree : | 2,607 | 16,026 | 40,854 |
| 2023 Average Home Value : | $ 262,679 | $ 344,856 | $ 331,691 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Gulf To Bay Blvd | Old Coachman Rd S | 2011 | 51,500 | 0.13 mi |
| Gulf To Bay Blvd | Bypass Dr | 2011 | 52,000 | 0.17 mi |
| Druid Rd | Bypass Dr | 2011 | 5,047 | 0.17 mi |
| Shelley St | Old Coachman Rd S | 2001 | 10,770 | 0.21 mi |
| Gulf to Bay Boulevard | 2nd St | 2022 | 49,000 | 0.22 mi |
| Mall Perimeter D | 2022 | 8,500 | 0.31 mi | |
| Mall Perimeter D | 2022 | 9,600 | 0.32 mi | |
| US Hwy 19 | Mall Perimeter Dr | 2018 | 119,000 | 0.40 mi |
| Mall Perimeter Dr | Hwy 19 | 2018 | 3,500 | 0.41 mi |
| Seville Boulevard | Seville Blvd | 2022 | 11,200 | 0.44 mi |
Naples, FL
Cap Rate 5.75%
Lease Abs NNN
R. Term 12.60 yrs
Size/SF 106,690
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
