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Freestanding Retail in Naples, Florida

9955 Triangle Blvd Naples, FL 34113

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

Type:Retail
Property size:
55,000 SF
Price / SF:
$180/SF
Added:
Aug 1, 2023
Days on Market:
1079
Last Refresh:
Jul 5 at 5:30 am

Property Features for 9955 Triangle Blvd

General Information

Standard status
Active
Size
55,000 SF
Property subtype
Retail

Building Details

Year Built
2016

Listing office Trinity Commercial Group

Listing date Aug 1, 2023

Source Crexi

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.

Local 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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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

Suggested Use

Auto Repair Shop Building Supply Law Firm Auto Parts Store Real Estate Agency Hair Salon Gym & Fitness Center Kitchen & Bath Showroom HVAC Service Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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.
Contact an agent
(239) 334-3040 Call to check price and availability
More about this property
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