Miller's Ale House 6831 Collier Blvd

Investment Highlights

New 15-year Corporate Miller?s Ale House lease (Commenced February 14, 2023) Extremely high volume of visitors since opening in February - averaging approximately 24,000 visits per month Average Household Incomes of over $110k within a 5 mile radius Absolute NNN ground lease with no landlord obligations Located in affluent and highly sought after Naples, Florida market Florida has NO STATE INCOME TAX

Executive Summary

CBRE is pleased to exclusively offer for sale this newly constructed Miller?s Ale House in the highly sought after and affluent southwest Florida market of Naples. This is Miller?s Ale House latest prototype restaurant that includes a total of approximately 7,382 square feet that includes a covered open-air patio area. This is latest addition to the Restaurant Row retail project, which is exceptionally well-located at the majorintersection of US 41 and Collier Boulevard and surrounded by an intense concentration of retail development. An impressive group of tenants currently within Restaurant Row include Pollo Tropical, Starbucks, Chipotle, Pei Wei, Texas Roadhouse, T-Mobile and Jersey Mike?s.Naples is one of the wealthiest cities in the United States, with the sixth highest per capita income in America, and the second highest proportion of millionaires per capita in the US. According to the US Census Bureau.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Freestanding Restaurant
• Building Size    7,382
• Year Built    2023
• Price    5,288,400
• Price Per SF    716
• Cap Rate    5.20
• NOI    275,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.14
• Land Acres    1.19 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.