Price $3,638,000 | Built/Renov 1998/2016 | Tenant Sonny's BBQ |
Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corporate |
Size/SF
6,532
| Lease Start
12-28-2016
| #Units
96
|
Price/SF $556.95 | Expiration
12-31-2031
| Tenant Type Casual Dining |
NOI $218,265 | R. Term 8.0 | Ownership Fee Simple |
Rent/SF
$33.41
| Increases 1.5%/1/yrs | Pop 5Mi 187,041 |
Lot/AC 1.59 | Options 4/5yrs/1.5% | AHHI 5Mi $89,013 |
| |
Sonny BBQ is strategically fronting S. Semoran Blvd, a major North/South corridor that serves East Orlando and sees an average of 71,000 vehicles passing by daily. Notably, S. Semoran Blvd, also known as State Hwy 436, serves as the primary entrance to Orlando International Airport. The immediate vicinity of the subject property is enriched by the presence of more than 20 hotels within the...
...High traffic 50M+ VPD
Dense retail corridor
Near major nationals
Highway location
Top 100 MSA
Strong demographics
Income tax free state
Absolute NNN
Annual rent increases
Corporate Guarantee
Sonny's BBQ is an American barbecue restaurant chain. Founded in 1968 in Gainesville, FL as Sonny's Real Pit-Bar-B-Q, the chain was rebranded as Sonny’s BBQ in 2013. The casual dining...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 5,549 | 61,014 | 187,975 |
2023 Total Population : | 5,496 | 59,102 | 187,041 |
2023 Employed Civilian Pop : | 3,424 | 31,734 | 101,942 |
2023 Total Businesses : | 335 | 2,647 | 6,610 |
2023 Average Household Income : | $ 62,634 | $ 81,902 | $ 89,013 |
2023 Total Consumer Spending : | $ 126 M | $ 1625 M | $ 5582 M |
2023 Median Age : | 30 | 37 | 38 |
2023 Total Households : | 2,255 | 22,680 | 72,060 |
2023 Pop Age 25+: Bachelor's Degree : | 1,016 | 9,189 | 31,594 |
2023 Average Home Value : | $ 255,570 | $ 323,016 | $ 362,389 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Hazeltine National Dr | Mill Cove Ln | 2012 | 1,500 | 0.12 mi |
Hazeltine National Drive | Mill Cove Ln | 2021 | 1,450 | 0.12 mi |
S Semoran Blvd | Butler National Dr | 2007 | 55,411 | 0.29 mi |
S Semoran Blvd | N Frontage Rd | 2012 | 53,000 | 0.34 mi |
Semoran Boulevard | Frontage Rd | 2021 | 70,500 | 0.40 mi |
Frontage Rd | N Frontage Rd | 2003 | 22,233 | 0.47 mi |
SR 436 N/B | Beeline Expy | 2021 | 32,500 | 0.50 mi |
Lee Vista Blvd | Perfect Dr | 2002 | 7,731 | 0.52 mi |
S Semoran Blvd | Beeline Ex Off Ramp | 2000 | 41,000 | 0.53 mi |
2019 | 15,500 | 0.54 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]