Cap Rate
6%
Year Built
2025
Leasable Area
800 SF
Term Remaining
±10 Yrs
NOI
$65,000
Property Type
Retail
LEAD LISTING AGENT
Email
jake.lurie@matthews.com
License No.
SL3510801 (FL)
Direct
+1 (813) 488-0853
Mobile
+1 (561) 512-1658
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
NEW CONSTRUCTION WITH LONG-TERM INVESTMENT STABILITY
- Brand-New 2025 Build – A turnkey, zero-maintenance investment opportunity
- 10-Year Absolute NNN Ground Lease – No landlord responsibilities, ensuring a truly passive income stream
HIGH-GROWTH DRIVE-THRU COFFEE BRAND
- Expanding Market Presence – Elliano’s Coffee is rapidly growing across Florida and the Southeastern U.S.
- Convenience-Focused Model – Drive-thru only service caters to busy commuters and on-the-go customer
STRATEGIC LOCATION WITH STRONG TRAFFIC & VISIBILITY
- Strategic Location – Situated along SE Highway 70, this property experiences approximately 15,000 vehicles per day (VPD). It is positioned on one of the few interstate highways that directly connect Florida’s East and West Coasts, stretching from Fort Pierce to Longboat Key. Additionally, Highway 31, which runs nearby, has an average daily traffic volume of approximately 8,600 vehicles annually
- Growing Local Market – Arcadia is an expanding suburban community with increasing residential and commercial development
- Tourism & Community Appeal – Known for its historic downtown, annual rodeo events, and antique shopping, attracting both locals and visitors
STRONG DEMOGRAPHICS & CONSUMER DEMAND
- Strong Retail Synergy – The property is adjacent to other high drivers of foot traffic like Publix Super Market, Chilli’s Grill & Bar, KFC, Culvers, Taco Bell, and Babcock Ranch leading to high numbers of food based consumer spending on this block
- Expanding Population Base – Expected growth from 18,987 residents in 2025 to 20,945 by 2030 (3-mile radius)
- Steady Household Growth – Total households projected to rise from 6,455 (2025) to 7,186 (2030) in a 3-mile radius
- High Performing Walmart Out Parcel – The property is out parcel to a top performing Walmart in Arcadia (per Alpha Maps) that sees ±161,585 monthly visits
ATTRACTIVE LEASE STRUCTURE & RENT GROWTH
- 6.00% CAP Rate – Provides a competitive return on investment
- Low Rent Deal – Lower rents increase the tenants chances for long term sustainability and profitability
- Built-In Rental Increases – 15.54% rent increase in Year 6, ensuring revenue growth and inflation protection
- Long-Term Security –Four (4) additional 5-year renewal options allow for extended investment potential
FLORIDA’S FAVORABLE MARKET CONDITIONS
- No State Income Tax – Florida remains a top choice for investors seeking tax-friendly opportunities
- Proximity to Sarasota & Fort Myers – Arcadia benefits from strong economic and residential expansion in surrounding metros
Broker of Record
- Kyle Matthews
- License No. CQ1052263 (FL)
- (866) 889-0550
- Matthews Real Estate Investment Services
- 1600 West End,
Ste. 1500 Nashville, TN 37203