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| Price $599,060 | Built/Renov 2013 | Tenant Little Caesars |
| Cap Rate 5.92% | Lease Type
NN+ | Guarantor Franchisee |
| Size/SF
1,400
| Lease Start
10-01-2013
| #Units
57
|
| Price/SF $427.90 | Expiration
09-30-2028
| Tenant Type Fast Casual/Rest. |
| NOI $35,479 | R. Term 3.4 | Ownership Fee Simple |
| Rent/SF
$25.34
| Increases 3.0%/1/yrs | Pop 5Mi 133,785 |
| Lot/AC 0.30 | Options 1/5yrs/3% | AHHI 5Mi $73,617 |
| | |
This 1,400 square foot Little Caesars is situated on a .30 acre parcel along Dorchester Road seeing 30,000 vehicles per day. The site is located along a major thoroughfare and is centrally located with immediate proximity to interstates 526 and 26, major connectors for the Charleston area. Additionally, the tenant is within minutes of Charleston International Airport ( 5.32+ million...
...Hard corner intersection
Major thoroughfare
Strategically located
Strong tenant synergy
Dense 100M+ pop 5 mi
Top 100 MSA
Favorable NN+ lease
Annual rent increases
Top performing store
50+ unit franchisee backed
Little Caesars Enterprises, Inc (dba Little Caesars) is the third largest American pizza chain. It operates and franchises pizza restaurants in the United States and internationally in Asia, the...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,965 | 54,974 | 139,733 |
| 2023 Total Population : | 3,904 | 53,118 | 134,822 |
| 2023 Employed Civilian Pop : | 1,767 | 26,947 | 69,069 |
| 2023 Total Businesses : | 593 | 2,982 | 6,725 |
| 2023 Average Household Income : | $ 64,850 | $ 76,059 | $ 83,575 |
| 2023 Total Consumer Spending : | $ 89 M | $ 1514 M | $ 4252 M |
| 2023 Median Age : | 38 | 38 | 37 |
| 2023 Total Households : | 1,573 | 22,696 | 58,181 |
| 2023 Pop Age 25+: Bachelor's Degree : | 298 | 7,778 | 23,515 |
| 2023 Average Home Value : | $ 299,350 | $ 318,763 | $ 349,343 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Dorsey Avenue | Surprise St | 2022 | 375 | 0.12 mi |
| Dorsey Avenue | Smithfield Dr | 2021 | 350 | 0.12 mi |
| Leeds Avenue | Azalea Dr | 2021 | 10,400 | 0.29 mi |
| Dorsey Avenue | Lang Ridge Dr | 2022 | 650 | 0.57 mi |
| Dorsey Avenue | Ivydale Dr | 2021 | 600 | 0.57 mi |
| Industrial Avenue | Azalea Dr | 2022 | 2,300 | 0.61 mi |
| Mark Clark Expressway | Paramount Dr | 2021 | 76,700 | 0.63 mi |
| Banco Road | Pacific St | 2022 | 1,150 | 0.64 mi |
| Dorchester Road | Lexington Ave | 2022 | 21,400 | 0.66 mi |
| West Montague Avenue | Banco Rd | 2022 | 16,100 | 0.68 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
