Price $3,200,000 | Built/Renov 2022 | Tenant Dave's Hot Chicken |
Cap Rate 5.25% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
3,072
| Lease Start
11-01-2023
| #Units
1
|
Price/SF $1,041.67 | Expiration
10-31-2038
| Tenant Type Fast Food/QSR |
NOI $168,000 | R. Term 14.10 | Ownership Fee Simple |
Rent/SF
$54.69
| Increases 10.0%/5/yrs | Pop 5Mi 326,314 |
Lot/AC 0.59 | Options 4/5yrs/10% | AHHI 5Mi $74,681 |
| |
This 3,072 square foot Dave’s Hot Chicken is strategically located along South Cooper Street with access to 60,039 vehicles per day. The site is within close proximity to the on/off ramp of Interstate 20 Freeway (186,959 VPD) further increasing consumer traffic to the area. The tenant is adjacent to a Walmart Supercenter as well as Cooper Street Plaza, a shopping center anchored by The Home...
...New construction
High traffic 50M+ VPD
Major thoroughfare
Dense retail corridor
Top 100 MSA
Income tax free state
Long 15+ yr lease
Absolute NNN
Personal guarantee
Dave’s Hot Chicken is an American fast casual restaurant chain specializing in Nashville-style hot chicken. Arman Oganesyan and best friend Chef Dave Kopushyan, along with brothers Tommy and Gary...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 11,221 | 113,972 | 330,568 |
2023 Total Population : | 10,550 | 112,402 | 327,369 |
2023 Employed Civilian Pop : | 5,860 | 60,504 | 167,807 |
2023 Total Businesses : | 745 | 4,184 | 9,924 |
2023 Average Household Income : | $ 112,315 | $ 104,362 | $ 99,033 |
2023 Total Consumer Spending : | $ 370 M | $ 3561 M | $ 9726 M |
2023 Median Age : | 38 | 36 | 35 |
2023 Total Households : | 3,854 | 39,628 | 113,594 |
2023 Pop Age 25+: Bachelor's Degree : | 2,075 | 19,511 | 50,716 |
2023 Average Home Value : | $ 285,342 | $ 298,230 | $ 297,329 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
S Cooper St | W Bardin Rd | 2012 | 50,646 | 0.19 mi |
Wimbledon Dr | S Cooper St | 2009 | 3,050 | 0.25 mi |
W Bardin Rd | S Cooper St | 2009 | 12,040 | 0.26 mi |
W Bardin Rd | Mansfield Rd | 2000 | 13,207 | 0.27 mi |
W Bardin Rd | S Cooper St | 2004 | 1,810 | 0.28 mi |
Mansfield Rd | Wimbledon Oaks Ln | 2009 | 4,520 | 0.30 mi |
W Bardin Rd | Americana | 2004 | 12,820 | 0.31 mi |
S Cooper St | Deuce Dr | 2000 | 44,429 | 0.35 mi |
American Dr | 2021 | 53,958 | 0.38 mi | |
Wimbledon Dr | Wimbledon Ct | 2012 | 2,050 | 0.42 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]