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Views: 113 DOM: 649 Updated: 08.06.24 Posted: 11.28.22 Status: Active

Summary

Price $1,950,000
Built/Renov 1989/2009
Tenant ANF Gyros & Grill
Cap Rate 7.00%
Lease Type Abs NNN
Guarantor Franchisee
Size/SF 4,242
Lease Start 11-16-2022
#Units 6
Price/SF $459.69
Expiration 11-15-2032
Tenant Type Fast Food/QSR
NOI $136,590
R. Term 8.2
Ownership Fee Simple
Rent/SF $32.20
Increases 3.0%/1/yrs
Pop 5Mi 294,936
Lot/AC 1.91
Options 1/10yrs/3%
AHHI 5Mi $80,388

Lease Highlights

  • Brand new lease with 9 years remaining and 1 (10-year) option to extend
  • The lease features 3% annual bumps throughout the initial term
  • Gyros & Grill currently has 5 locations and plans to open 3 more restaurants in Florida

Location Description

The ANF Gyros & Grill is located near the signalized, hard corner intersection of Dardanelle Drive and Silver Star Road (State Highway 438), a major retail and commuter thoroughfare averaging a combined 39,900 vehicles passing by daily. The asset benefits from excellent visibility via significant street frontage and a monument sign in front of State Hwy 438. Furthermore, the site is...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: ANF Gyros & Grill
  • Guarantor:Franchisee
  • Company:ANF Gyros & Grill
  • # Units:6
  • Stock:Private

About Tenant

ANF Gyros & Grill is a fast, casual drive through chain offering gyros, burgers, sandwiches, wings, seafood and more. The restaurant also makes a variety of pre-made dessert options, including...


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Demographics

  1 Miles 3 Miles 5 Miles
2027 Total Population : 11,443 104,352 300,769
2022 Total Population : 11,492 103,784 294,936
2022 Employed Civilian Pop : 4,656 47,634 147,324
2022 Total Businesses : 540 5,428 21,119
2022 Average Household Income : $ 61,107 $ 68,288 $ 80,388
2022 Total Consumer Spending : $ 197 M $ 2150 M $ 7986 M
2022 Median Age : 34 35 36
2022 Total Households : 3,733 36,322 114,710
2022 Pop Age 25+: Bachelor's Degree : 796 7,864 38,937
2022 Average Home Value : $ 244,866 $ 315,987 $ 318,904
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Silver Star Rd Continental Blvd 2000 39,879 0.13 mi
Silver Star Rd W Princeton St 2009 38,000 0.17 mi
Le Havre Blvd 2020 37,500 0.27 mi
Silver Star Rd Bent Willow Cir 2012 39,000 0.27 mi
Coast Line Dr Dardanelle Dr 2004 3,114 0.29 mi
Silver Star Rd Continental Blvd 2003 16,900 0.30 mi
Willow Run Willow Bend Blvd 2007 679 0.39 mi
Willow Bend Blvd Willow Run 2007 2,456 0.39 mi
Princeton Street Mercy Dr 2020 23,500 0.45 mi
W Princeton St Continental Blvd 2019 24,500 0.46 mi

Listing Broker

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