New Miller's Ale
For Sale
$4,061,751
6827 Collier Boulevard, Naples, FL 34114
New 15-year NNN lease in affluent Naples, Florida.
Property Size7,382 SF
Price / SF$550.22
Days on Market128
Property Features for 6827 Collier Boulevard
General Information
Standard status
Active
Size
7,382 SF
Property subtype
Retail
Listing Agency:
CBRE - Orlando
(407) 496-1334
Listed By:
Mark Drazek · License #684111
(407) 496-1334
Source:
Cbre
Added: Mar 25
Changed: Jul 10
Last Checked: Jul 30 at 3:55AM
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 CBRE - Orlando
Investment Insights
Based on property information with market context.
This newly constructed Miller's Ale House is available for sale in Naples, Florida. The property is a prototype restaurant encompassing approximately 7,382 square feet, including a covered open-air patio. The property is located in a high-profile retail area, among other tenants including Chipotle, Pei Wei, Starbucks and Texas Roadhouse. Neighboring retailers include Publix, Lowe's, Fresh Market, Hobby Lobby, Michaels, PetSmart, Walmart, Burlington and Home Goods. The property is strategically located on Collier Boulevard, the major access road to Marco Island. The area has average household incomes of over $110,000 within a 5-mile radius. The property has a new 15-year corporate Miller's Ale House lease. It is an absolute NNN ground lease with no landlord obligations. The lease has fixed rent for years 1-5, with 2% annual increases commencing in year 6, continuing throughout the entire lease term, including four 5-year option terms. There is substantial ongoing and planned residential development within close proximity. The location benefits from a significant seasonal population increase.
Key Highlights
- New 15‑year Corporate Miller's Ale House Absolute NNN ground lease with no landlord obligations.
- Located in affluent and highly sought after Naples, Florida market, one of the wealthiest cities in the U.S.
- Fixed rent years 1‑5 with 2% annual increases commencing in year 6, continuing throughout the entire lease term (including four 5‑year option terms).
Financial Insights For Specialty 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 | $199.3k | $27.00 |
| − Vacancy | −$5.0k | −$0.68 |
| EGI | $194.3k | $26.33 |
| − OpEx | −$48.6k | −$6.58 |
| NOI | $145.7k | $19.74 |
7,382 SF · lease $27.00/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.08M
$1.82M – $2.43M
NOI $145,748 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.96M
$2.59M – $3.46M
NOI $207,391 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34114, FL
21,343
Population
16,381
Households
1.3
Avg Household Size
62
Median Age
41%
College-Educated
90%
High-School Grad
176.6 sq mi
ZIP Area
121
Density / Sq Mi
$81,314
Median Household Income
$38,467
Median Earnings
$1,993
Median Rent
$469,900
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.
Similar Off Market Nearby
- Miller's Ale House — 6827 Collier Blvd, Naples, FL 34114
- The Pub at Ole — 9075 Celeste Dr, Naples, FL 34113
- Z's Music Kitchen — 12655 Tamiami Trail E, Naples, FL 34113
- Carrabba's Italian Grill — 12631 Tamiami Trail E, Naples, FL 34113
Frequently Asked Questions
What type of property is this?
Bar & Pub - New 15-year NNN lease in affluent Naples, Florida.
Where is this bar & pub located?
The property is located at 6827 Collier Boulevard Naples, FL.
What is the asking price?
The asking price for this property is $4,061,751.
What are key features of this property?
This property features: New 15‑year Corporate Miller's Ale House Absolute NNN ground lease with no landlord obligations.; Located in affluent and highly sought after Naples, Florida market, one of the wealthiest cities in the U.S.; Fixed rent years 1‑5 with 2% annual increases commencing in year 6, continuing throughout the entire lease term (including four 5‑year option terms).
