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| Price $3,000,000 | Built/Renov 2023 | Tenant Bojangles (GL) |
| Cap Rate 4.59% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
2,822
| Lease Start
06-01-2023
| #Units
816
|
| Price/SF $1,063.08 | Expiration
05-31-2043
| Tenant Type Fast Food/QSR |
| NOI $137,700 | R. Term 18.5 | Ownership Ground Lease |
| Rent/SF
$48.80
| Increases 2.0%/1/yrs | Pop 5Mi 231,255 |
| Lot/AC 0.98 | Options 4/5yrs/2% | AHHI 5Mi $162,905 |
| | |
Bojangles is strategically located at the signalized, hard corner intersection of Eldorado Parkway and FM 423 a major retail thoroughfare, with access to 81,100 vehicles passing by daily. The property is across the street from a Walmart Supercenter, with outparcels including Wendy’s, Panda Express, Truist Bank, and Wells Fargo Bank. Additionally, it is in close proximity to Eldorado Crossings,...
...New construction
Signalized intersection
High traffic 50M+ VPD
Dense retail corridor
Top 100 MSA
Strong demographics
Income tax free state
Long 15+ yr lease
Absolute NNN
Corporate Guarantee
Bojangles Op Co, LLC, doing business as Bojangles, is an American regional chain that owns and operates specialty chicken restaurants. Their menu features their chicken family meals, chicken...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 19,223 | 126,999 | 274,002 |
| 2024 Total Population : | 19,475 | 109,360 | 239,492 |
| 2024 Employed Civilian Pop : | 10,189 | 56,879 | 125,072 |
| 2024 Total Businesses : | 453 | 2,414 | 5,835 |
| 2024 Average Household Income : | $ 188,835 | $ 180,963 | $ 172,659 |
| 2024 Total Consumer Spending : | $ 960 M | $ 5459 M | $ 11979 M |
| 2024 Median Age : | 36 | 36 | 36 |
| 2024 Total Households : | 5,943 | 35,177 | 80,601 |
| 2024 Pop Age 25+: Bachelor's Degree : | 4,357 | 25,157 | 55,786 |
| 2024 Average Home Value : | $ 512,611 | $ 542,593 | $ 567,786 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Eldorado Parkway | FM 423 | 2022 | 30,582 | 0.02 mi |
| FM 423 | Eldorado Pkwy | 2005 | 13,653 | 0.12 mi |
| Farm-to-Market Road 423 | Sunflower Dr | 2022 | 42,552 | 0.40 mi |
| Farm-to-Market Road 423 | Pine TrlDr | 2022 | 41,928 | 0.42 mi |
| FM 423 | Pine TrlDr | 2016 | 16,723 | 0.43 mi |
| Grayhawk Blvd | Migratory Ln | 2006 | 3,021 | 0.46 mi |
| Grayhawk Blvd | Swan Lake Dr | 2006 | 2,232 | 0.49 mi |
| Eldorado Pkwy | Heatherdale Dr | 2012 | 23,558 | 0.52 mi |
| FM 423 | Two Rivers Dr | 2013 | 17,126 | 0.70 mi |
| Eldorado Pkwy | Northridge Dr | 2011 | 27,297 | 0.72 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
