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| Price $2,235,000 $2,295,931 | Built/Renov 1992 | Tenant SQRL |
| Cap Rate 7.45% 7.25% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
2,275
| Lease Start
01-31-2022
| #Units
139
|
| Price/SF $982.42 $1,009.20 | Expiration
01-30-2042
| Tenant Type Convenience/Gas |
| NOI $166,455 | R. Term 16.9 | Ownership Fee Simple |
| Rent/SF
$73.17
| Increases 3.0%/1/yrs | Pop 5Mi 40,455 |
| Lot/AC 0.45 | Options 4/5yrs/3% | AHHI 5Mi $58,876 |
| | |
This newly remodeled SQRL Fuel is located on the hard corner intersection of South Elmira Avenue and East 16th Street with a combined 12,957 vehicles passing per day. Located along a major regional thoroughfare, nearby national tenants include McDonald’s, Sears, Lowe’s, Staples, Taco Bell, Chili’s, Burger King, Starbucks, Walmart Supercenter, AutoZone, JC Penny, TJ Maxx, Subway, Hobby Lobby...
...Hard corner intersection
Major thoroughfare
Dense retail corridor
Strategically located
Brand new lease
Long 15+ yr lease
Absolute NNN
Accelerated depreciation
Corporate Guarantee
Over 100 Units backed
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,206 | 22,820 | 41,556 |
| 2023 Total Population : | 3,239 | 22,491 | 41,089 |
| 2023 Employed Civilian Pop : | 1,501 | 9,641 | 17,783 |
| 2023 Total Businesses : | 122 | 1,382 | 1,907 |
| 2023 Average Household Income : | $ 54,630 | $ 56,738 | $ 65,112 |
| 2023 Total Consumer Spending : | $ 60 M | $ 406 M | $ 882 M |
| 2023 Median Age : | 30 | 32 | 35 |
| 2023 Total Households : | 1,244 | 8,141 | 15,490 |
| 2023 Pop Age 25+: Bachelor's Degree : | 278 | 2,036 | 4,843 |
| 2023 Average Home Value : | $ 143,786 | $ 147,578 | $ 182,802 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| East 16th Street | S Elmira Ave | 2021 | 3,000 | 0.13 mi |
| S Elmira Ave | Fairway Blvd | 2002 | 8,170 | 0.16 mi |
| Airport Road | Macon Ave | 2021 | 280 | 0.31 mi |
| South Elmira Avenue | Findley Cv | 2021 | 4,500 | 0.39 mi |
| South Elmira Avenue | Bernard Way | 2021 | 9,800 | 0.75 mi |
| East 16th Street | S Oswego Ave | 2021 | 8,400 | 0.79 mi |
| S Knoxville Ave | E 12th St | 2002 | 13,000 | 1.01 mi |
| East Main Street | Weir Rd | 2021 | 20,000 | 1.03 mi |
| East Main Street | N Hampton Ave | 2021 | 19,000 | 1.06 mi |
| East 8th Street | S Knoxville Ave | 2021 | 1,000 | 1.07 mi |
Altoona, WI
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 2,800
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
