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| Price $7,300,000 $7,300,000 | Built/Renov 1996 | Tenant Barnes & Noble |
| Cap Rate 7.50% 7.50% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
29,993
| Lease Start
11-07-1996
| #Units
600
|
| Price/SF $243.39 $243.39 | Expiration
01-31-2034
| Tenant Type Big Box Retail |
| NOI $547,372 | R. Term 8.8 | Ownership Fee Simple |
| Rent/SF
$18.25
| Increases 9.0%/5/yrs | Pop 5Mi 132,828 |
| Lot/AC 0.72 | Options 0/0yrs | AHHI 5Mi $99,104 |
| | |
Barnes and Noble is strategically located along South Tamiami Trail with access to 52,500 vehicles per day. The site is a junior anchor to the ±405,000-square-foot Market Square Shopping Center, which is anchored by Target and American Signature Furniture and is further tenanted by Michaels, World Market, Petco, Dollar Tree, DSW and Starbucks among others. The immediate intersection is further...
...Signalized intersection
In location for years
High traffic 50M+ VPD
Big Box center
Top 100 MSA
Income tax free state
Absolute NNN
Long 10+ yr lease
Corporate Guarantee
Over 500 units backed
Barnes & Noble, Inc. is the world’s largest retail bookseller and a leading retailer of content, digital media, and educational products. The company is known for large retail outlets, many of...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 6,375 | 65,033 | 132,529 |
| 2023 Total Population : | 6,544 | 66,232 | 132,828 |
| 2023 Employed Civilian Pop : | 2,840 | 29,233 | 56,583 |
| 2023 Total Businesses : | 883 | 5,644 | 10,464 |
| 2023 Average Household Income : | $ 88,747 | $ 88,015 | $ 99,104 |
| 2023 Total Consumer Spending : | $ 280 M | $ 2488 M | $ 5372 M |
| 2023 Median Age : | 61 | 54 | 53 |
| 2023 Total Households : | 3,641 | 32,586 | 62,485 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,240 | 12,460 | 25,298 |
| 2023 Average Home Value : | $ 359,230 | $ 349,801 | $ 396,896 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| South Cleveland Avenue | S Tamiami Trl | 2022 | 52,500 | 0.31 mi |
| Daniels Pky | Bell Tower Dr | 2001 | 32,000 | 0.37 mi |
| Cypress Lake Dr | Costco Plz | 2019 | 36,000 | 0.38 mi |
| State Highway 45 | S Tamiami Trl | 2005 | 63,000 | 0.39 mi |
| Daniels Parkway | Pine Villa Ln | 2021 | 48,500 | 0.62 mi |
| South Cleveland Avenue | Seven Lakes Blvd | 2021 | 63,000 | 0.69 mi |
| South Cleveland Avenue | Colonial Blvd | 2022 | 71,500 | 0.69 mi |
| S Tamiami Trl | Ben C Pratt Pky | 2005 | 48,500 | 0.87 mi |
| Ben C Pratt Pky | S Tamiami Trl | 2005 | 37,500 | 0.94 mi |
| Gladiolus Dr | S Tamiami Trl | 2001 | 39,900 | 0.96 mi |
Spanish Fort, AL
Cap Rate 7.00%
Lease Modified Gross
R. Term 3.50 yrs
Size/SF 136,075
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
