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New Brooksville Restaurant Investment Opportunity
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14415 Cortez Blvd, Brooksville, FL 34613

New construction NNN lease with Olive Garden in Brooksville.

Property Size7,805 SF
Lot Size2.27 Acres
Price / SF$525.30
Days on Market325

Property Features for 14415 Cortez Blvd

General Information

Standard status Active
Size 7,805 SF
Class A
Total Parking Spaces 157
Lot size 2.27 Acres
Property subtype Retail
Zoning Commercial
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $205,000

Building Details

Year Built 2025
Buildings 1
Stories 1
Tenancy Single
Listing Agency: SRS Real Estate Partners Tampa
Listed By: William Wamble · License #SL3257920
Source: Crexi
Added: Oct 3, 2025 Changed: Aug 8 Last Checked: Jul 31 at 8:57AM

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 SRS Real Estate Partners Tampa

Investment Insights

Based on property information with market context.

Located at 14415 Cortez Boulevard in Brooksville, Florida, this property presents an investment opportunity within the Alliance at the Grove, a 27-acre mixed-use development. The property features a single-tenant absolute NNN ground lease with Olive Garden as the tenant. The rentable area is 7,805 square feet, situated on a 2.27-acre land parcel. The property generates a net operating income of $205,000 with a cap rate of 5.00%. Olive Garden Holdings, LLC, has a 10-year lease with 10% rent increases every 5 years and four 5-year renewal options. This is a management-free investment opportunity.

Key Highlights

  • Absolute NNN ground lease with zero landlord responsibilities.
  • Tenant is Olive Garden, a leading national retailer.
  • New construction (2025) within the Alliance at the Grove mixed‑use development.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Law Firm Building Supply Hair Salon HVAC Service Spa & Massage Center

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

150
Businesses Nearby
1k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Sherwin-Williams Paint Store Home Improvements & Furnishings
1,058 visits/mo 0.5 miles

Demographics for 34613, FL

18,869
Population
10,532
Households
1.8
Avg Household Size
61
Median Age
21%
College-Educated
92%
High-School Grad
37.2 sq mi
ZIP Area
507
Density / Sq Mi
$56,175
Median Household Income
$36,815
Median Earnings
$1,108
Median Rent
$181,800
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - New construction NNN lease with Olive Garden in Brooksville.
Where is this conventional restaurant located?
The property is located at 14415 Cortez Blvd Brooksville, FL.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Absolute NNN ground lease with zero landlord responsibilities.; Tenant is Olive Garden, a leading national retailer.; New construction (2025) within the Alliance at the Grove mixed‑use development.
More about this property
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