Andrew Zuckerman Of The Zuckerman Group And Scott Sherman Of Torose Equities Lease Retail Space To TJ Maxx And Ulta Beauty In Bonita Springs
13000 Bonita Beach Road Southeast
Building Size
100,000 SF
Asset Type
Retail
Closing
Mar 3, 2026
AI
The asset involved in this transaction is located at 13000 Bonita Beach Road Southeast in Bonita Springs. It is classified as retail property within a mixed-use development that is part of a larger 68-acre project. The overall scope of development will include a 165-key boutique hotel and an apartment community known as Paradiso Bonita Springs, enhancing the area's amenities.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Landlord: Andrew Zuckerman - The Zuckerman Group
- Landlord: Scott Sherman - Torose Equities
- Tenant: TJ Maxx & Ulta Beauty
This lease agreement marks a significant step in the Midtown at Bonita project, bringing nearly 100,000 square feet of leased retail space to the area. The development's construction is progressing under the leadership of The Zuckerman Group in collaboration with retail partner Torose Equities.
Players
Bonita Springs Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93