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PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 151 Updated: 05.31.25 Posted: 05.31.25 Status: Active    

Summary

Price $3,187,350
Built/Renov 1997
Tenant TD Bank
Cap Rate 5.50%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 3,622
Lease Start 06-08-2020
#Units 1,100
Price/SF $880.00
Expiration 03-31-2031
Tenant Type Bank/Financial
NOI $175,304
R. Term 5.5
Ownership Fee Simple
Rent/SF $48.40
Increases 10.0%/5/yrs
Pop 5Mi 88,461
Lot/AC 1.00
Options 3/5yrs/10%
AHHI 5Mi $135,057

Highlights

  • The lease features 10% rental increases every 5 years and depreciation benefits
  • Growing deposit base
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant

Location Description

TD Bank is an outparcel to Corkscrew Village, an 82,000+ square foot Publix-anchored shopping center located at the signalized intersection of Corkscrew Road (19,915 VPD) and South Tamiami Trail (47,943 VPD), offering exceptional visibility and frontage along two of Estero’s most heavily traveled corridors. Positioned just two miles north of the 1.2 million square foot Coconut Point Mall and...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: TD Bank
  • Guarantor:Corp T and Rated
  • Company:TD Bank Group
  • # Units:1,100
  • Tenant S&P: A+
  • Moody’s: A2
  • Stock: NYSE: TD

About Tenant

TD Bank, N.A., is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America.  It operates primarily across...


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Demographics

  1 Miles 3 Miles 5 Miles
2030 Total Population : 4,697 47,629 95,606
2025 Total Population : 4,551 45,021 90,022
2025 Employed Civilian Pop : 1,469 17,529 36,222
2025 Total Businesses : 336 1,859 3,744
2025 Average Household Income : $ 141,280 $ 131,523 $ 140,056
2025 Total Consumer Spending : $ 267 M $ 2448 M $ 4779 M
2025 Median Age : 68 60 54
2025 Total Households : 2,207 21,591 39,653
2025 Pop Age 25+: Bachelor's Degree : 956 9,656 18,727
2025 Average Home Value : $ 552,940 $ 594,015 $ 631,888
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Corkscrew Rd Corkscrew Village Ln 2001 16,900 0.09 mi
Corkscrew Road Corkscrew Village Ln 2019 20,000 0.14 mi
S Tamiami Trl Lychee Ln 2005 39,000 0.38 mi
Sandy Lane Sandline Way 2022 2,100 0.51 mi
Corkscrew Road Corkscrew Palms Blvd 2022 20,500 0.64 mi
South Tamiami Trail S Tamiami Trl 2022 48,000 0.72 mi
Williams Road S Tamiami Trl 2022 6,100 0.72 mi
Broadway Avenue East Dove Ln 2022 1,650 0.80 mi
Broadway Avenue West Poinciana Ave 2019 6,400 0.81 mi
River Ranch Rd Corkscrew Rd 2001 3,700 0.94 mi

Listing Broker

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