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Pollo Tropical Ground Lease • Homestead, FL
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¼ mile to FL Turnpike entrance/exit ramp
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Pad to Publix Center and adjacent to new Home Depot
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Zero Landlord responsibilities
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Low rent to replace
Location:
3094 NE 41st Place
Homestead, FL 33033
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Investment Highlights: |
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Price: |
$785,715 |
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Cap Rate: |
7.00% |
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Annual Rent: |
$55,000 |
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Rent psf: |
$30.50 sf |
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Rent Increases: |
10% every 5 yrs. |
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GLA: |
1,803 sf |
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Land Area: |
.57 acres |
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Lease Commencement: |
12/26/2005 |
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Lease Expiration: |
12/25/2020 |
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Lease Type: |
NNN Ground Lease |
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Landlord Responsibilities: |
None |
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Options: |
Five 5-Year |
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Lease Guaranty: |
Pollo Operations, Inc. |
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Restaurant Built: |
2005 |
Store Photo:
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