About This Restaurant
Investment Highlights
Brand New 20-Year Ground Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rental Increases Absolute NNN Ground Lease | Land Ownership | Zero Landlord Responsibilities | No State Income Tax Hallandale Beach - New Developments Fronting Hallandale Beach Blvd | Directly Off Interstate 95 | Dense Retail Corridor Dense Demographics In 5-mile Trade Area
Executive Summary
Brand New 20-Year Ground LeaseBrand New ConstructionDirectly off I-95 (240,000 VPD)Open & Operating (Dec. 2023 RCD)
Property Details
- Sale Type Investment
- Sale Condition Build to Suit
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Convenience Store General Retail Fast Food General Retail Service Station Freestanding
- Building Size 5,636
- Building Class B
- LoopNet Rating 4 Star
- Year Built 2023
- Price 7,979,000
- Price Per SF 1,416
- Cap Rate 4.70
- NOI 375,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 2.37 AC
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 51-42-20-17-0073 | Improvements Assessment | $2,498,930 |
| Land Assessment | $0 | Total Assessment | $2,498,930 |
| Date Created: | 2024-07-16 04:13:33 | Last Updated: | 2024-07-16 04:13:33 |
| Address: | 3195 W Blvd , Hallandale Beach, Florida, 33009 | ||