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| Price $4,500,000 | Built/Renov 2023 | Tenant Willie's Grill & Icehouse |
| Cap Rate 5.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
6,106
| Lease Start
07-12-2023
| #Units
19
|
| Price/SF $736.98 | Expiration
07-31-2038
| Tenant Type Casual Dining |
| NOI $224,991 | R. Term 13.2 | Ownership Fee Simple |
| Rent/SF
$36.85
| Increases 10.0%/5/yrs | Pop 5Mi 108,680 |
| Lot/AC 1.30 | Options 3/5yrs/10% | AHHI 5Mi $109,138 |
| | |
This newly constructed, Willie’s Grill and Icehouse, featuring a 2,263 SF outdoor patio, is positioned along IH-35, which sees 156,668 vehicles passing by daily. The property is adjacent to I-35, and is located within the Dry River District Development, a 65-acre mixed-use commercial development that will include medical, hotel, multifamily, and retail anchored by Costco, EVO Entertainment,...
...New construction
High traffic 50M+ VPD
Freeway visibility
Top 100 MSA
Affluent AHHI $100K 5 Mi
Income tax free state
Brand new lease
Long 15+ yr lease
Absolute NNN
Corporate Guarantee
Willie’s Grill & Icehouse is a dining and fast food restaurant chain that operates in two different concepts: Willie’s Grill & Icehouse and Fajita Willie’s Cafe & Cantina. The company's...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 6,294 | 59,702 | 126,062 |
| 2023 Total Population : | 5,854 | 52,005 | 108,680 |
| 2023 Employed Civilian Pop : | 2,966 | 26,879 | 55,267 |
| 2023 Total Businesses : | 62 | 942 | 1,778 |
| 2023 Average Household Income : | $ 89,098 | $ 104,096 | $ 109,138 |
| 2023 Total Consumer Spending : | $ 168 M | $ 1606 M | $ 3452 M |
| 2023 Median Age : | 31 | 32 | 32 |
| 2023 Total Households : | 2,175 | 17,802 | 36,535 |
| 2023 Pop Age 25+: Bachelor's Degree : | 944 | 7,186 | 16,668 |
| 2023 Average Home Value : | $ 375,906 | $ 350,689 | $ 351,484 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Amberwood S | 2021 | 26,042 | 0.08 mi | |
| I- 35 Frontage | 2021 | 113,182 | 0.12 mi | |
| Interstate Highway 35 | Kohlers Xing | 2019 | 156,668 | 0.12 mi |
| Kohlers Xing | 2021 | 3,941 | 0.15 mi | |
| Kohlers Crossing | I35 Frontage | 2020 | 2,632 | 0.19 mi |
| Kyle Xing | Co Rd 210 | 2010 | 6,320 | 0.45 mi |
| Windy Hill Road | Dry Hole Rd | 2015 | 12,710 | 0.52 mi |
| Windy Hill Road | Dry Hole Rd | 2015 | 12,808 | 0.56 mi |
| Windy Hill Rd | Dry Hole Rd | 2005 | 6,650 | 0.57 mi |
| Bebee Road | 2015 | 6,285 | 0.74 mi |
Baytown, TX
Cap Rate 5.75%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 4,987
Murfreesboro, TN
Cap Rate 5.25%
Lease Abs NNN
R. Term 12.00 yrs
Size/SF 3,900
St. Augustine, FL
Cap Rate 5.25%
Lease Abs NNN
R. Term 6.70 yrs
Size/SF 6,115
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
