Property Details

Pollo Tropical

Pembroke Pines, FL
Property ID: 12506

    Financial Summary

    Asking Price $4,807,000
    Cap Rate 4.75%
    Net Operating Income (NOI) $228,329
    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; 50,000 VPD pass the site
    • Lowe’s outparcel
    • Major retail corridor surrounded by significant residential
    • Near Broward College & N. Perry Airport
    • Signalized intersection

    Net Lease Advisor

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

    Location

    8299 Pines Boulevard
    Pembroke Pines, FL

    Leigh ClinePollo Tropical