About This Restaurant
Investment Highlights
Executive Summary
The established, successful Property offers tremendous frontage on SW 145th Street and easy access from Pines Boulevard, which boasts a traffic count of more than 71,000 vehicles per day. The in-place ground lease expires 10/31/2031, and the lessee has three five-year extension options following the conclusion of the current term. With a proven track record of the highest sales figures on any Twin Peaks in the country, more than ?7.5 years of remaining lease term, unrivaled access and visibility, and a location in a highly affluent and continuously improving submarket, the Property offers investors the opportunity to gain a stable foothold into one of South Florida?s premiere markets.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Restaurant Freestanding
- Building Size 8,541
- Building Class B
- Year Built 2017
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.10
- Land Acres 1.91 AC
Nearby Amenities & Transportation
Retail | Twin Peaks Restaurant | ||
Retail | The Cheesecake Factory | ||
Retail | Benihana | ||
Retail | The Habit Burger Grill | ||
Retail | Firebirds Wood Fired Grill | ||
Retail | RA Sushi | ||
Retail | Fuddruckers | ||
Retail | Village Tavern | ||
Retail | PNC Bank | ||
Retail | Brio Tuscan Grille |
Property Taxes
Parcel Number | 51-40-15-09-0010 | Improvements Assessment | $5,106,740 |
Land Assessment | $12,274,470 | Total Assessment | $17,381,210 |
Date Created: | 2024-07-16 04:13:34 | Last Updated: | 2024-07-16 04:13:34 |
Address: | 440 SW 145th Ave , Pembroke Pines, Florida, 33027 |