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 16 Years (New 15-Year Term Starts in 2020)
Increases 10% Every 5 Years

Offering Memorandum

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Contact

Jonathan W. Hipp
President & CEO
703.787.4725

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Highlights

  • New 16-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

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Location

11429 Pines Boulevard
Pembroke Pines, FL

Leigh ClinePollo Tropical