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| Price $2,840,000 $3,026,000 | Built/Renov 1991/2023 | Tenant SQRL |
| Cap Rate 7.19% 6.75% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
679
| Lease Start
06-01-2023
| #Units
350
|
| Price/SF $4,182.62 $4,456.55 | Expiration
05-31-2043
| Tenant Type Convenience/Gas |
| NOI $204,250 | R. Term 18.0 | Ownership Fee Simple |
| Rent/SF
$300.81
| Increases 2.0%/1/yrs | Pop 5Mi 78,397 |
| Lot/AC 0.76 | Options 4/5yrs/2% | AHHI 5Mi $64,319 |
| | |
SQRL is strategically located on Okeechobee Road, with access to 35,500 daily passing vehicles. The property is located just under one mile from Exit 129 off Interstate 95, a significant thoroughfare within the area boasting a traffic count of 71,160 VPD. The immediate trade area is surrounded by well-known national tenants, such as Walmart Supercenter, The Home Depot, Walgreens, PNC Bank,...
...Recent renovation
Hard corner intersection
Dense retail corridor
Freeway close
Major MSA
Income tax free state
Brand new lease
Long 15+ yr lease
Accelerated depreciation
Corporate Guarantee
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,557 | 40,201 | 83,582 |
| 2023 Total Population : | 3,865 | 39,568 | 81,113 |
| 2023 Employed Civilian Pop : | 1,904 | 16,741 | 32,317 |
| 2023 Total Businesses : | 204 | 1,891 | 3,999 |
| 2023 Average Household Income : | $ 69,737 | $ 60,039 | $ 63,436 |
| 2023 Total Consumer Spending : | $ 92 M | $ 727 M | $ 1655 M |
| 2023 Median Age : | 33 | 34 | 38 |
| 2023 Total Households : | 1,501 | 13,752 | 29,747 |
| 2023 Pop Age 25+: Bachelor's Degree : | 310 | 2,347 | 6,420 |
| 2023 Average Home Value : | $ 281,681 | $ 266,987 | $ 274,884 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Okeechobee Road | Home Pl Ln | 2021 | 35,500 | 0.09 mi |
| Okeechobee Rd | Hartman Rd | 2005 | 32,800 | 0.24 mi |
| Virginia Ave | Hartman Rd | 2005 | 22,000 | 0.39 mi |
| Virginia Avenue | Hartman Rd | 2022 | 24,000 | 0.51 mi |
| Virginia Avenue | S 39th St | 2021 | 21,000 | 0.55 mi |
| McNeil Road | Garner St | 2022 | 3,600 | 0.60 mi |
| Kirby Loop Road | Rogers Rd | 2022 | 4,200 | 0.64 mi |
| Okeechobee Rd | S Jenkins Rd | 2005 | 30,400 | 0.66 mi |
| Okeechobee Road | Rolyat St | 2022 | 38,000 | 0.66 mi |
| S Jenkins Rd | Cloer Rd | 2003 | 6,600 | 0.66 mi |
Jonesborough, TN
Cap Rate 6.00%
Lease Abs NNN
R. Term 12.50 yrs
Size/SF 5,060
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
