Property Details

Pollo Tropical

Ft. Lauderdale (Weston), FL
Property ID: 12565

Financial Summary

Asking Price $3,987,000
Cap Rate 4.75%
Net Operating Income (NOI) $189,383
Lease Type NNN
Lease Term Remaining 16 Years (New 15-Year Term Starts in 2020)
Increases 10% Every 5 Years

Offering Memorandum

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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; 27,000 VPD pass the site
  • Strategically located within the Weston Business Center, Weston
  • Medical & Professional Campus and near Cleveland Clinic - the #1 hospital in Miami - Fort Lauderdale area
  • Easy access to I-75

Net Lease Advisor

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

Location

2633 Weston Road
Ft. Lauderdale (Weston), FL

Leigh ClinePollo Tropical