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Freestanding Retail in Naples, Florida
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9955 Triangle Blvd, Naples, FL 34113

Located in a high-traffic retail corridor with a long-term lease.

Property Size55,000 SF
Price / SF$180
Days on Market1096

Property Features for 9955 Triangle Blvd

General Information

Standard status Active
Size 55,000 SF
Property subtype Retail

Building Details

Year Built 2016
Listing Agency: Trinity Commercial Group
Listed By: Doug Olson · License #FL 3175846
Source: Crexi
Added: Aug 1, 2023 Changed: Jul 6 Last Checked: Jul 29 at 12:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Commercial Group

Investment Insights

Based on property information with market context.

This free-standing retail property is located at the signalized intersection of US Highway 41 and Collier Blvd, a prominent retail corridor in Southwest Florida with a combined traffic count of over 70,000 vehicles per day. The property features visibility and cross-parking rights. The property is situated in a premier Naples trade area surrounded by dominant retail centers. The property has a long-term lease in place, offering stable cash flow and long-term value in a supply-constrained market.

Key Highlights

  • Located at a high‑traffic signalized intersection (US Highway 41 and Collier Blvd) with over 70,000 combined VPD.
  • Backed by a nationally recognized tenant (Hobby Lobby) with a long‑term lease.
  • Offers stable cash flow and long‑term value.

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $996.6k $18.12
− Vacancy −$39.9k −$0.72
EGI $956.7k $17.40
− OpEx −$287.0k −$5.22
NOI $669.7k $12.18
55,000 SF · lease $18.12/SF/yr · vacancy 4.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$9.57M
$8.37M – $11.16M (±1% cap)
NOI $669,715 @ 7.0% cap · market cap 6.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$22.07M
$19.31M – $25.75M (±1% cap)
NOI $1,545,181 @ 7.0% cap · market cap 15.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Hobby Lobby (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Building Supply Law Firm Auto Parts Store Real Estate Agency Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

424
Businesses Nearby

Demographics for 34113, FL

23,740
Population
16,461
Households
1.4
Avg Household Size
57
Median Age
40%
College-Educated
87%
High-School Grad
25.9 sq mi
ZIP Area
917
Density / Sq Mi
$76,539
Median Household Income
$37,070
Median Earnings
$1,888
Median Rent
$450,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Located in a high-traffic retail corridor with a long-term lease.
Where is this retail space located?
The property is located at 9955 Triangle Blvd Naples, FL.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: Located at a high‑traffic signalized intersection (US Highway 41 and Collier Blvd) with over 70,000 combined VPD.; Backed by a nationally recognized tenant (Hobby Lobby) with a long‑term lease.; Offers stable cash flow and long‑term value.
(239) 334-3040 Call to check price and availability
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