Price $2,200,000 | Built/Renov 2023 | Tenant Sleep Number |
Cap Rate 6.00% | Lease Type
NN+ | Guarantor Corp Traded |
Size/SF
3,000
| Lease Start
09-01-2023
| #Units
670
|
Price/SF $733.33 | Expiration
08-31-2033
| Tenant Type General Retail |
NOI $132,000 | R. Term 9.8 | Ownership Fee Simple |
Rent/SF
$44.00
| Increases 10.0%/5/yrs | Pop 5Mi 79,088 |
Lot/AC 1.08 | Options 2/5yrs/10% | AHHI 5Mi $83,776 |
| |
This newly constructed 3,000 square foot Sleep Number is located at the signalized, hard corner intersection of Alcoa Market Street and Middlesettlements Road and benefits from multiple points of ingress/egress. The subject property is part of a larger development that will feature over 16,800 SF of retail space, a fully leased 192-unit apartment complex, as well as neighboring tenants such as...
...New construction
Signalized intersection
Shopping Ctr out-parcel
Highway close
New development zone
Income tax free state
Long 10+ yr lease
Favorable NN+ lease
Corporate Guarantee
Publicly traded company
Sleep Number Corporation, founded in 1987, is an American manufacturer that makes the Sleep Number and Comfortaire beds, as well as foundations and bedding accessories. Sleep Number products are...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 3,869 | 31,885 | 66,338 |
2023 Total Population : | 3,878 | 31,127 | 64,673 |
2023 Employed Civilian Pop : | 1,873 | 14,349 | 29,609 |
2023 Total Businesses : | 130 | 820 | 2,239 |
2023 Average Household Income : | $ 86,491 | $ 91,945 | $ 86,387 |
2023 Total Consumer Spending : | $ 118 M | $ 1004 M | $ 1939 M |
2023 Median Age : | 46 | 44 | 44 |
2023 Total Households : | 1,559 | 12,565 | 25,772 |
2023 Pop Age 25+: Bachelor's Degree : | 575 | 4,352 | 8,428 |
2023 Average Home Value : | $ 364,427 | $ 348,193 | $ 337,013 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Old Niles Ferry Road | Willis Rd | 2022 | 5,607 | 0.23 mi |
Fairview Drive | Willis Dr | 2022 | 8,456 | 0.26 mi |
Peterson Lane | Sentell Dr | 2022 | 3,317 | 0.66 mi |
William Blount Drive | Clover Hill Ridge Rd | 2022 | 10,617 | 0.74 mi |
SR 335 | Clover Hill Ridge Rd | 2021 | 11,669 | 0.74 mi |
Sandy Springs Road | Westcliff Dr | 2022 | 10,368 | 1.36 mi |
Cedar Lawn Blvd | 2022 | 26,232 | 1.60 mi | |
Ridgeway Trl | 2021 | 30,462 | 1.60 mi | |
W Broadway Ave | Condry Ln | 2005 | 32,760 | 1.66 mi |
SR 335 | County Farm Rd | 2021 | 9,856 | 1.66 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]