Freestanding Retail in Naples,
For Sale
Contact for pricing
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 Market1170
Property Features for 9955 Triangle Blvd
General Information
Standard status
Active
Size
55,000 SF
Property subtype
Retail
Net Operating Income
$577,500
Building Details
Year Built
2016
Tenancy
Single
Listing Agency:
Trinity Commercial Group
Listed By:
Doug Olson · License #FL 3175846
(239) 334-3040
Source:
Crexi
Added: Aug 1, 2023
Changed: Oct 4
Last Checked: Oct 12 at 9:16PM
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
Estimated NOI and Cap Rate
NOI / Yr
$669,715
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,394,300
$13.4M
Cap Rate 7%
$9,567,357
$9.6M
Cap Rate 9%
$7,441,278
$7.4M
Market Conditions
NOI Build-Up for 55,000 SF
Gross rent
$996.6K $18.12/SF
− Vacancy
−$39.9K −$0.72/SF
EGI
$956.7K $17.40/SF
− OpEx
−$287.0K −$5.22/SF
NOI
$669.7K $12.18/SF
Area
Collier County, FL
Vacancy
4.00%
Lease Rate
$18.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,394,300
Cap Rate 7%
$9,567,357
Cap Rate 9%
$7,441,278
Alternative Uses
Best Use
Retail
$9.57M
$8.37M – $11.16M
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
NOI $1,545,181 @ 7.0% cap · market cap 15.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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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.
