Price $2,650,000 | Built/Renov 2023 | Tenant Dave's Hot Chicken (GL) |
Cap Rate 4.15% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
2,675
| Lease Start
04-16-2023
| #Units
100
|
Price/SF $990.65 | Expiration
04-15-2043
| Tenant Type Fast Food/QSR |
NOI $110,000 | R. Term 19.4 | Ownership Ground Lease |
Rent/SF
$41.12
| Increases 10.0%/5/yrs | Pop 5Mi 103,484 |
Lot/AC 0.67 | Options 3/5yrs/10% | AHHI 5Mi $109,137 |
| |
This newly constructed Dave’s Hot Chicken is strategically located near the signalized, hard corner intersection of Date Palm Drive and Ramon Road, and benefits from nearby access to Interstate 10, a major thoroughfare averaging over 101,000 vehicles per day. The property is ideally situated as an outparcel to Date Palm Plaza, anchored by Cardenas Markets, Harbor Freight Tools, and CVS. Other...
...New construction
Dense retail corridor
Near major nationals
Shopping Ctr out-parcel
Top 100 MSA
Strong demographics
Brand new lease
Long 15+ yr lease
Absolute NNN
100+ unit franchisee backed
Dave’s Hot Chicken is an American fast casual restaurant chain specializing in Nashville-style hot chicken. Founded in 2017 as a parking lot pop-up serving hot chicken tenders, the informal...
1 Miles | 3 Miles | 5 Miles | |
2027 Total Population : | 20,529 | 64,257 | 105,600 |
2022 Total Population : | 20,534 | 63,031 | 103,484 |
2022 Employed Civilian Pop : | 9,605 | 28,144 | 44,931 |
2022 Total Businesses : | 402 | 1,981 | 4,439 |
2022 Average Household Income : | $ 82,509 | $ 103,431 | $ 109,137 |
2022 Total Consumer Spending : | $ 448 M | $ 2173 M | $ 4231 M |
2022 Median Age : | 33 | 42 | 49 |
2022 Total Households : | 6,279 | 24,358 | 44,984 |
2022 Pop Age 25+: Bachelor's Degree : | 1,947 | 8,453 | 16,092 |
2022 Average Home Value : | $ 456,341 | $ 498,661 | $ 535,112 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Date Palm Dr | Aliso Rd | 2010 | 25,771 | 0.04 mi |
Ramon Rd | Rancho Rd | 2010 | 29,998 | 0.06 mi |
Date Palm Dr | Baristo Rd | 2006 | 25,532 | 0.12 mi |
Ramon Rd | San Eljay Ave | 2010 | 25,195 | 0.18 mi |
Cathedral Canyon Dr | Roundup Rd | 2010 | 14,150 | 0.48 mi |
Ramon Rd | Ave el Pueblo | 2010 | 33,537 | 0.53 mi |
Date Palm Dr | Mc Callum Way | 2010 | 20,659 | 0.65 mi |
Date Palm Dr | Olancha Rd | 2010 | 22,128 | 0.99 mi |
Ramon Rd | Da Vall Dr | 2010 | 22,784 | 1.02 mi |
Da Vall Dr | Ramon Rd | 2010 | 9,200 | 1.03 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]