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| Price $948,336 | Built/Renov 2010 | Tenant Jimmy John's |
| Cap Rate 5.50% | Lease Type
NN+ | Guarantor Franchisee |
| Size/SF
1,429
| Lease Start
06-01-2010
| #Units
1
|
| Price/SF $663.64 | Expiration
05-31-2035
| Tenant Type Fast Casual/Rest. |
| NOI $52,159 | R. Term 10.6 | Ownership Fee Simple |
| Rent/SF
$36.50
| Increases 10.0%/5/yrs | Pop 5Mi 261,700 |
| Lot/AC 0.51 | Options 2/5yrs/10% | AHHI 5Mi $90,791 |
| | |
Jimmy John's is strategically located on W 95th Street, with access to 25,400 vehicles passing by daily. The property is situated 1.5 miles from Oak Park Mall, a super-regional mall, and is surrounded by well-known national tenants including Walmart Neighborhood Market, The Home Depot, Lowe’s Home Improvement, Target, Hy-Vee, and more. The 5-mile trade area supports a population of 261,700...
...In location for years
Dense retail corridor
Near major nationals
Shopping Ctr out-parcel
Strategically located
Top 100 MSA
Strong demographics
Long 10+ yr lease
Favorable NN+ lease
Personal guarantee
Jimmy John’s is an American sandwich chain that is almost entirely franchises. The business was founded in 1983 with only four sandwiches on the original menu. The first Jimmy John’s Gourmet...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 15,297 | 110,841 | 269,464 |
| 2024 Total Population : | 15,410 | 108,139 | 263,389 |
| 2024 Employed Civilian Pop : | 9,300 | 62,212 | 150,011 |
| 2024 Total Businesses : | 385 | 8,102 | 17,343 |
| 2024 Average Household Income : | $ 107,454 | $ 107,104 | $ 127,317 |
| 2024 Total Consumer Spending : | $ 610 M | $ 4508 M | $ 12860 M |
| 2024 Median Age : | 39 | 38 | 40 |
| 2024 Total Households : | 6,503 | 48,104 | 116,262 |
| 2024 Pop Age 25+: Bachelor's Degree : | 3,731 | 26,880 | 68,154 |
| 2024 Average Home Value : | $ 357,539 | $ 368,427 | $ 425,407 |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
