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| Price $2,025,000 $2,996,025 | Built/Renov 2000 | Tenant Buca di Beppo |
| Cap Rate 11.84% 8.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
8,068
| Lease Start
01-01-2023
| #Units
80
|
| Price/SF $250.99 $371.35 | Expiration
02-28-2038
| Tenant Type Casual Dining |
| NOI $239,682 | R. Term 12.9 | Ownership Fee Simple |
| Rent/SF
$29.71
| Increases 1.5%/1/yrs | Pop 5Mi 165,083 |
| Lot/AC 0.76 | Options 4/5yrs/2% | AHHI 5Mi $132,600 |
| | |
The 8,068 square foot building is strategically located as an outparcel to the popular Orland Park Place mall. Retailers in the surrounding area include Walmart, Meijer, Hobby Lobby, Best Buy, Whole Foods Market, Petco, and many others. The Buca di Beppo property is also adjacent to Orland Square, an even larger shopping mall that brings additional traffic to the area. Featuring more than...
...In location for years
Shopping Ctr out-parcel
Dense 100M+ pop 5 mi
Affluent AHHI $100K 5 Mi
Population increase trend
Long operation history
Recently extended lease
Absolute NNN
Annual rent increases
Corporate Guarantee
Buca di Beppo is an Italian-American restaurant chain that was founded in 1993 in Minneapolis, Minnesota. It is currently owned by Planet Hollywood and Earl Enterprises. The restaurant is known...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 8,988 | 73,604 | 161,632 |
| 2023 Total Population : | 9,257 | 74,932 | 164,629 |
| 2023 Employed Civilian Pop : | 4,516 | 39,959 | 86,653 |
| 2023 Total Businesses : | 877 | 2,637 | 6,021 |
| 2023 Average Household Income : | $ 87,793 | $ 123,284 | $ 125,474 |
| 2023 Total Consumer Spending : | $ 290 M | $ 3013 M | $ 6792 M |
| 2023 Median Age : | 42 | 44 | 45 |
| 2023 Total Households : | 3,901 | 28,958 | 64,115 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,482 | 15,046 | 31,844 |
| 2023 Average Home Value : | $ 286,742 | $ 332,686 | $ 340,846 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| 94th Ave | 151st St | 2014 | 14,500 | 0.13 mi |
| Wheeler Dr | Lowe's Ave | 2011 | 1,070 | 0.16 mi |
| Wheeler Dr | Westminster Dr | 2011 | 3,240 | 0.18 mi |
| US 45 | 156th St | 2021 | 41,600 | 0.26 mi |
| 94th Ave | 156th St | 2011 | 15,050 | 0.30 mi |
| South 94th Avenue | W 151st St | 2018 | 16,500 | 0.37 mi |
| Ravinia Ave | 153rd St | 2018 | 6,200 | 0.39 mi |
| 151st St | 96th Ave | 2018 | 15,200 | 0.39 mi |
| 153rd St | Treetop Dr | 2010 | 13,300 | 0.52 mi |
| 151st St | el Cameno Ter | 2014 | 9,050 | 0.61 mi |
Broken Arrow, OK
Cap Rate 7.00%
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R. Term 6.80 yrs
Size/SF 4,606
Canton, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 7.50 yrs
Size/SF 6,511
Joliet, IL
Cap Rate 7.40%
Lease Abs NNN
R. Term 7.90 yrs
Size/SF 12,448
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
