BRAND NEW CONSTRUCTION DRIVE-THRU: Build-to-Suit Cali Coffee, with drive-thru that is on track to open in August 2025
LONG TERM ABSOLUTE NNN GROUND LEASE WITH INCREASES: Ideal for a net lease investor seeking a passive, reliable, and growing stream of income with quality real estate fundamentals.
SURROUNDED BY NEW DEVELOPMENT: Highlighted later in this package, Bonita Springs is seeing significant new developments, consisting of several mixed use, commercial, residential, hospitality, and public amenity projects. Just behind the Cali Coffee is a recently completed 264 unit apartment building, and it is diagonally opposite to another 252 unit new development coming soon, among many other exciting developments.
STRONG DEMOGRAPHICS: Over 100,00 people with an average household income well over $100,000 within a 5 mile radius.
STRATEGIC GULF COAST LOCATION: Bonita Springs is an affluent, higher income, lifestyle driven market between Naples and Fort Myers – boasting strong growth and retail demand.
TENANT MOMENTUM: Cali Coffee is experiencing exciting growth in strategic, high growth Florida markets with 13 existing locations and another 16 opening soon.
CORPORATE AND PERSONAL GUARANTEE: The Lease is corporately guaranteed by Cali Coffee, LLC and 2 individuals for the first 5 years during ramp up.
TAX ADVANTAGED MARKET: Located in Florida, a state with no personal income tax and business friendly policies that continue to attract residents and investors alike.