Price $2,522,000 | Built/Renov 1995/2023 | Tenant Slim Chickens |
Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
3,042
| Lease Start
02-01-2023
| #Units
9
|
Price/SF $829.06 | Expiration
01-31-2038
| Tenant Type Fast Casual/Rest. |
NOI $151,340 | R. Term 14.1 | Ownership Fee Simple |
Rent/SF
$49.75
| Increases 10.0%/5/yrs | Pop 5Mi 136,554 |
Lot/AC 0.77 | Options 3/5yrs/10% | AHHI 5Mi $83,343 |
| |
This newly reconstructed Slim Chickens is situated on Northland Avenue with a daily traffic count of 22,000 vehicles passing by daily. The subject property offers multiple points of access and is conveniently located at a recently added roundabout intersection, which sees a high traffic volume of over 40,000+ VPD. This prime location is part of a strong retail corridor that is within close...
...Recent renovation
Roof guarantee
Near major nationals
Strong tenant synergy
Dense 100M+ pop 5 mi
Affluent suburb location
Brand new lease
Long 15+ yr lease
Absolute NNN
Personal guarantee
Slim Chickens fast-casual restaurant chain that specializes in hand-breaded chicken tenders, wings, chicken and waffles, chicken sandwiches, salads, wraps and more. In 2003, the first corporate...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 13,421 | 71,845 | 140,269 |
2023 Total Population : | 13,538 | 71,476 | 138,954 |
2023 Employed Civilian Pop : | 7,024 | 38,785 | 75,015 |
2023 Total Businesses : | 502 | 3,144 | 5,672 |
2023 Average Household Income : | $ 90,344 | $ 94,016 | $ 94,444 |
2023 Total Consumer Spending : | $ 456 M | $ 2436 M | $ 4775 M |
2023 Median Age : | 42 | 39 | 39 |
2023 Total Households : | 5,843 | 29,916 | 58,484 |
2023 Pop Age 25+: Bachelor's Degree : | 2,042 | 12,134 | 23,371 |
2023 Average Home Value : | $ 228,900 | $ 265,472 | $ 264,765 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
W Northland Ave | N Abendroth St | 2016 | 19,900 | 0.02 mi |
West Northland Avenue | N Richmond St | 2019 | 21,600 | 0.05 mi |
North Richmond Street | W Weiland Ave | 2019 | 18,400 | 0.10 mi |
N Richmond St | W Weiland Ave | 2019 | 5,800 | 0.17 mi |
N Richmond St | W Ridgeview Dr | 2019 | 17,100 | 0.18 mi |
Northland Ave | N Bennett St | 2016 | 18,200 | 0.27 mi |
North Oneida Street | E Northland Ave | 2019 | 6,200 | 0.41 mi |
North Oneida Street | E First Ave | 2019 | 2,400 | 0.41 mi |
Oneida St | E McArthur St | 2007 | 8,100 | 0.43 mi |
W Glendale Ave | N Erb St | 2019 | 2,400 | 0.44 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]