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

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; 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