
Financial Summary
Asking Price | $4,271,000 |
Cap Rate | 4.75% |
Net Operating Income (NOI) | $202,861 |
Lease Type | NNN |
Lease Term Remaining | 15 Years |
Increases | 10% Every 5 Years |
Highlights
- New 15-year corporate lease
- Strong store sales
- Established location; 54,000 VPD pass the site
- Outparcel to Pembroke Lakes Mall
- Major retail corridor surrounded by significant residential
- Easy access to I-75
- Located in close proximity to the Pines City Center development (80-acre mixed-use village)
Net Lease Advisor
For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.
Location
11429 Pines Boulevard
Pembroke Pines, FL