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

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; 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

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Location

8299 Pines Boulevard
Pembroke Pines, FL

Leigh ClinePollo Tropical