| Price $7,472,000 | Built/Renov 2020/2021 | Tenant Walk-On's Sports Bistreaux |
| Cap Rate 6.60% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
7,078
| Lease Start
02-01-2021
| #Units
23
|
| Price/SF $1,055.67 | Expiration
01-31-2036
| Tenant Type Casual Dining |
| NOI $493,144 | R. Term 11.8 | Ownership Fee Simple |
| Rent/SF
$69.67
| Increases 10.0%/3/yrs | Pop 5Mi 124,664 |
| Lot/AC 2.62 | Options 4/5yrs/10% | AHHI 5Mi $100,673 |
| | |
Walk-On's Sports Bistreaux is positioned on an oversized 2.62-acre parcel with ample parking and flexibility for future redevelopment. It is located along Capital Circle NE, a dense retail corridor with access to 95,700 vehicles passing by daily, and with direct access to I-10 (68,600+ VPD). The site benefits from a robust mix of nearby retails such as Trader Joe’s, TJ Maxx, Home Depot,...
...Recent renovation
High traffic 50M+ VPD
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
Income tax free state
Absolute NNN
Long 10+ yr lease
Personal guarantee
Walk-On’s Sports Bistreaux is a full-service family sports restaurant and bar. Walk-On's Sports Bistreaux features a Louisiana-inspired menu, including waffle cheese fries, fried alligator and...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 6,373 | 46,453 | 125,614 |
| 2023 Total Population : | 6,472 | 46,788 | 125,724 |
| 2023 Employed Civilian Pop : | 3,608 | 26,123 | 68,991 |
| 2023 Total Businesses : | 1,254 | 3,300 | 8,564 |
| 2023 Average Household Income : | $ 99,483 | $ 118,421 | $ 100,097 |
| 2023 Total Consumer Spending : | $ 274 M | $ 2090 M | $ 4700 M |
| 2023 Median Age : | 40 | 43 | 36 |
| 2023 Total Households : | 3,167 | 20,569 | 54,343 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,373 | 11,380 | 26,653 |
| 2023 Average Home Value : | $ 427,567 | $ 389,949 | $ 360,010 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Lonnbladh Rd | Metropolitan Blvd | 2012 | 2,607 | 0.06 mi |
| Raymond Diehl Rd | Lonnbladh Rd | 2012 | 17,029 | 0.12 mi |
| Capital Cir NE | Raymond Diehl Rd | 2005 | 45,000 | 0.12 mi |
| Metropolitan Blvd | Lonnbladh Rd | 2011 | 5,117 | 0.13 mi |
| Raymond Diehl Road | Lonnbladh Rd | 2022 | 13,000 | 0.15 mi |
| Capital Circle Northeast | Capital Cir NE | 2021 | 53,500 | 0.16 mi |
| Capital Cir NE | 2022 | 4,400 | 0.19 mi | |
| Capital Cir NE | 2022 | 2,000 | 0.21 mi | |
| Raymond Diehl Rd | Thomasville Rd | 2011 | 11,700 | 0.22 mi |
| Capital Cir NE | 2022 | 2,600 | 0.23 mi |
Conway, AR
Cap Rate 6.65%
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R. Term 12.90 yrs
Size/SF 8,400
Opelika, AL
Cap Rate 6.99%
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R. Term 13.80 yrs
Size/SF 7,500
Fort Myers, FL
Cap Rate 5.75%
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R. Term 13.10 yrs
Size/SF 10,653
Thibodaux, LA
Cap Rate 6.66%
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R. Term 14.30 yrs
Size/SF 6,700
Madison, AL
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 6,700
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
