Property Details

Pollo Tropical

Ft. Lauderdale (Coral Springs), FL
Property ID: 12544

    Financial Summary

    Asking Price $3,588,400
    Cap Rate 4.75%
    Net Operating Income (NOI) $170,449
    Lease Type NNN
    Lease Term Remaining 16 Years (New 15-Year Term Starts in 2020)
    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 16-year corporate lease
    • Strong store sales
    • Established location; 46,000 VPD pass the site
    • Super Target outparcel
    • Major retail corridor
    • Located along major US Route 441

    Net Lease Advisor

    For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

    Location

    5720 Wiles Road
    Ft. Lauderdale (Coral Springs), FL

    Leigh ClinePollo Tropical