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| Price $655,000 | Built/Renov 1993/2023 | Tenant Biggby Coffee |
| Cap Rate 5.50% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
1,000
| Lease Start
12-01-2024
| #Units
1
|
| Price/SF $655.00 | Expiration
12-31-2034
| Tenant Type Fast Food/QSR |
| NOI $36,000 | R. Term 10.1 | Ownership Fee Simple |
| Rent/SF
$36.00
| Increases 10.0%/5/yrs | Pop 5Mi 10,313 |
| Lot/AC 0.26 | Options 2/5yrs/10% | AHHI 5Mi $71,063 |
| | |
This newly renovated Biggby Coffee is well positioned on E. Columbia Avenue which sees 9,800+ vehicles passing by daily. It is across the street from other national retailers including KFC, Zaxby’s, and Bojangles, and is also within close proximity to Batesburg-Leesville Industrial Park, a 175-acre industrial center. There are roughly 10,313 people living within a 5-mile radius, earning an...
...Recent renovation
Near major nationals
Strategically located
Highway location
Strong tenant synergy
Top 100 MSA
Brand new lease
Absolute NNN
Long 10+ yr lease
Personal guarantee
Biggby Coffee (pronounced "Big B") is an American coffeehouse franchise that operates in locations throughout the United States. Biggby’s menu offers customers signature coffees, teas and herbal...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 2,288 | 7,133 | 10,497 |
| 2023 Total Population : | 2,193 | 7,015 | 10,391 |
| 2023 Employed Civilian Pop : | 855 | 2,780 | 4,155 |
| 2023 Total Businesses : | 212 | 357 | 378 |
| 2023 Average Household Income : | $ 69,569 | $ 69,318 | $ 69,643 |
| 2023 Total Consumer Spending : | $ 58 M | $ 180 M | $ 262 M |
| 2023 Median Age : | 42 | 42 | 42 |
| 2023 Total Households : | 931 | 2,906 | 4,221 |
| 2023 Pop Age 25+: Bachelor's Degree : | 151 | 525 | 725 |
| 2023 Average Home Value : | $ 215,712 | $ 225,635 | $ 226,141 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| South Hendrix Street | Rawls Dr | 2021 | 425 | 0.08 mi |
| East Columbia Avenue | Trackside Ct | 2021 | 9,200 | 0.10 mi |
| North Hendrix Street | S Hendrix St | 2021 | 1,400 | 0.19 mi |
| East Church Street | N Hendrix St | 2021 | 10,200 | 0.29 mi |
| Rawls Drive | Bedenbaugh St | 2021 | 450 | 0.31 mi |
| Mitchell Street | Malibu Dr | 2021 | 3,700 | 0.43 mi |
| Shealy Road | Town Pond Rd | 2021 | 2,600 | 0.51 mi |
| Mitchell Street | Highland Ave | 2021 | 3,800 | 0.54 mi |
| Hall Street | Elizabeth St | 2021 | 200 | 0.54 mi |
| South Carolina Avenue | Wilson St | 2021 | 800 | 0.68 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
