Thai Thai Sushi
For Sale
$999,999
1017 N COLLIER Boulevard, Marco Island, FL 34145
Business Opportunity, Marco Island, FL
Property Size3,300 SF
Price / SF$303.03
Days on Market94
Property Features for 1017 N COLLIER Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
c3
Security features
Security System
Lot features
Anchor Center, Town Center
Subdivision
Inland
Standard status
Active
Size
3,300 SF
Utilities
Cooling system
Exhaust Fan (Cooling)
Water source
Public
Building Details
Flooring type
Concrete, Tile
Building materials
Concrete Block Structure, Stucco
Listing Agency:
Premiere Plus Realty Company
(239) 732-7837
Listed By:
Gary Weinberg · License #372363
(239) 216-2999
Added: Jun 1
Changed: Aug 19
Last Checked: Sep 2 at 7:06AM
MLS# 2261085
Copyright © 2026 Marco Island Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Thai Thai Sushi Sports Bar is a 3,300-square-foot restaurant business in a contemporary setting with multiple large-screen TVs, dine-in and takeout service, online ordering, and catering capability. The premises include a commercial kitchen designed for high-volume food preparation, along with concrete and tile flooring, concrete block and stucco construction, and an exhaust fan cooling system. Public water serves the property, which carries C3 zoning.
The restaurant is located in the largest shopping center on Marco Island along North Collier Boulevard. The offering includes a leased 1,000-square-foot unit currently used for storage, with that lease expiring 9/28, and an adjacent 2,300-square-foot space is also available for lease. Ample parking supports customer access and daily restaurant operations.
The restaurant is located in the largest shopping center on Marco Island along North Collier Boulevard. The offering includes a leased 1,000-square-foot unit currently used for storage, with that lease expiring 9/28, and an adjacent 2,300-square-foot space is also available for lease. Ample parking supports customer access and daily restaurant operations.
Key Highlights
- 3,300‑square‑foot restaurant business with commercial kitchen
- C3 zoning with public water service
- Multiple large‑screen TVs and sports bar configuration
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$65,154
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,303,080
$1.3M
Cap Rate 7%
$930,771
$930.8K
Cap Rate 9%
$723,933
$723.9K
Market Conditions
NOI Build-Up for 3,300 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$89.1K $27.00/SF
− Vacancy
−$2.2K −$0.68/SF
EGI
$86.9K $26.33/SF
− OpEx
−$21.7K −$6.58/SF
NOI
$65.2K $19.74/SF
Area
Collier County, FL
Vacancy
2.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,303,080
Cap Rate 7%
$930,771
Cap Rate 9%
$723,933
Alternative Uses
Best Use
Specialty Retail
$930.8K
$814.4K – $1.09M
NOI $65,154 @ 7.0% cap · market cap 6.52%
Second Best
Industrial
$317.2K
$277.5K – $370.0K
NOI $22,202 @ 7.0% cap · market cap 2.22%
Theoretical Best
Office A
$1.32M
$1.16M – $1.55M
NOI $92,711 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,217
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34145, FL
15,717
Population
18,436
Households
0.9
Avg Household Size
66
Median Age
48%
College-Educated
97%
High-School Grad
16.3 sq mi
ZIP Area
964
Density / Sq Mi
$104,105
Median Household Income
$53,813
Median Earnings
$1,955
Median Rent
$866,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant business with a sports bar setting, commercial kitchen, dine-in and takeout service, and on-site parking.
Where is this conventional restaurant located?
The property is located at 1017 N COLLIER Boulevard Marco Island, FL.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 3,300‑square‑foot restaurant business with commercial kitchen; C3 zoning with public water service; Multiple large‑screen TVs and sports bar configuration
