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| Price $2,075,000 $2,080,688 | Built/Renov 1978/2022 | Tenant SQRL |
| Cap Rate 8.02% 8.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
3,000
| Lease Start
01-31-2022
| #Units
139
|
| Price/SF $691.67 $693.56 | Expiration
01-30-2042
| Tenant Type Convenience/Gas |
| NOI $166,455 | R. Term 16.9 | Ownership Fee Simple |
| Rent/SF
$55.49
| Increases 3.0%/1/yrs | Pop 5Mi 14,867 |
| Lot/AC 0.15 | Options 4/5yrs/3% | AHHI 5Mi $65,428 |
| | |
This 3,000 square foot SQRL is strategically located along West Center Street (Hwy 367) which sees roughly 7,765 VPD. The site benefits from a population of 14,867 people within a 5-mile radius, earning an AHHI of $65,428. Nearby tenants include Walmart, McDonald’s, Hardee’s, Sonic, Dollar Tree and more providing a strong consumer draw to the area. The property is located within 1-mile from...
...Recent renovation
Hard corner intersection
Near major nationals
Highway location
Long 15+ yr lease
Store sales reported
Absolute NNN
Accelerated depreciation
Annual rent increases
Corporate Guarantee
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,995 | 9,091 | 14,956 |
| 2023 Total Population : | 4,955 | 8,902 | 14,766 |
| 2023 Employed Civilian Pop : | 2,186 | 4,114 | 6,798 |
| 2023 Total Businesses : | 100 | 303 | 367 |
| 2023 Average Household Income : | $ 73,896 | $ 82,353 | $ 81,695 |
| 2023 Total Consumer Spending : | $ 113 M | $ 240 M | $ 402 M |
| 2023 Median Age : | 35 | 35 | 36 |
| 2023 Total Households : | 1,748 | 3,341 | 5,654 |
| 2023 Pop Age 25+: Bachelor's Degree : | 463 | 831 | 1,323 |
| 2023 Average Home Value : | $ 149,470 | $ 269,180 | $ 251,709 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| North Main Street | W College St | 2021 | 6,000 | 0.21 mi |
| West Center Street | N Gum St | 2021 | 7,300 | 0.34 mi |
| W Center St | Opportunity Rd | 2016 | 7,600 | 0.63 mi |
| Dewitt Henry Drive | Mary Ann Dr | 2021 | 4,000 | 0.75 mi |
| Dewitt Henry Drive | N Orange St | 2021 | 8,000 | 0.96 mi |
| US 67B;AR 31 | Terra Dr | 2021 | 7,300 | 1.15 mi |
| North Pecan Street | W Mississippi St | 2021 | 5,100 | 1.15 mi |
| 67 | US Hwy 67 | 2021 | 1,100 | 1.15 mi |
| AR 31 | Alexander Dr | 2021 | 4,500 | 1.17 mi |
| US Hwy 64 | Priest Rd | 2017 | 27,000 | 1.21 mi |
Saint John, IN
Cap Rate 7.00%
Lease Abs NNN
R. Term 15.70 yrs
Size/SF 4,925
Utica, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 7.80 yrs
Size/SF 2,053
Duncan, OK
Cap Rate 7.50%
Lease Abs NNN
R. Term 13.20 yrs
Size/SF 1,484
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
