Property Details

Pollo Tropical

Pembroke Pines, FL
Property ID: 12513

    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
    The Offering Memorandum for this property is no longer available.

    Contact

    Jonathan W. Hipp
    Capital Markets Head of U.S. Net Lease Group
    202.644.8700

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    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

    Leigh ClinePollo Tropical