Investment Overview

Marcus & Millichap is pleased to exclusively present the sale of 27250 Bay Landing Drive, located in Bonita Springs, Florida. This freestanding 4,665-square-foot building sits on a 1.18-acre parcel and was originally constructed in 2000, with an extensive renovation in 2014. Strategically positioned just off South Tamiami Trail, the property benefits from outstanding visibility and accessibility, with an average daily traffic count of ± 51,500 vehicles. It is anchored by The Fresh Market and HomeGoods while standing adjacent to Publix Super Market and Bonita Bay Plaza, creating a retail environment that attracts consistent consumer activity, recording ± 370,000 annual visits. The property is fully leased by two nationally recognized tenants: Starbucks and Tide Cleaners. Both tenants have thrived at this site for over 11 years and rank among the top-performing locations among their respective portfolios. Both tenants operate under long-term triple-net (NNN) leases, minimizing landlord responsibilities. The leases both include four (4), five (5) year renewal options, reflecting the tenants’ long-term commitment to the site. Combined, the leases generate a net operating income (NOI) of $212,188.