- The tenant, Cookies Florida, Inc. recently signed a brand new 10 year lease with 2 (5-year) options to extend, demonstrating their commitment to the site
- The lease features 2% annual rental increases throughout the initial term and each option period, steadily growing NOI and hedging against inflation
- Headquartered in San Francisco, the company opened its first retail store in 2018 in Los Angeles, and has since expanded to over 45 retail locations in 17 markets across 5 countries
Investment Offering
Bradenton, FL - Cookies
4427 53rd Ave E | Bradenton, FL 34203
$3,245,000
Price7.7%
Cap Rate$249,900
NOI3,202
± SF Offering GLADescription
Location
- The subject property is catty-corner from a shopping center that is anchored by Walmart Supercenter, Wawa, Firestone, and Burger King
- The asset is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Publix, Sam’s Club, CVS, Dunkin’, Autozone, Dollar General, and many more
- Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
Documents & Links
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 Offering Memorandum |  |  |
Contact
Patrick Luther, CCIM
Sr Managing Principal & Co-Head of National Net Lease
949.698.1115949.698.1115[email protected]CA #: 01912215
Matthew Mousavi
Sr Managing Principal & Co-Head of National Net Lease
949.698.1116949.698.1116[email protected]CA #: 01732226