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| Price $3,277,547 | Built/Renov 2021 | Tenant Colbie's Southern Kissed Chicken |
| Cap Rate 7.50% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
4,456
| Lease Start
03-22-2021
| #Units
4
|
| Price/SF $735.54 | Expiration
04-01-2036
| Tenant Type Fast Casual/Rest. |
| NOI $245,816 | R. Term 11.6 | Ownership Fee Simple |
| Rent/SF
$55.17
| Increases 10.0%/3/yrs | Pop 5Mi 86,334 |
| Lot/AC 1.71 | Options 5/5yrs/10% | AHHI 5Mi $75,896 |
| | |
This 4,500 SF property, equipped with a drive-thru, is a strategically located on 1.71-acres, along Rt. 38, one of the major throughfares and retail corridors in the area (34,255 VPD). It is also just minutes from South Avenue ((3,387 VPD) and Eayrestown Road (12,675 VPD). Nearby nationals include Big Lots, Rite Aid, Harbor Freight, Walmart, and many more, creating a strong consumer drive to...
...Recent renovation
Major thoroughfare
Near major nationals
Strategically located
Highway location
Hospital close
Top 100 MSA
Absolute NNN
Long 10+ yr lease
Personal guarantee
Colbie’s Southern Kissed Chicken is a casual dining restaurant serving fried chicken and Southern specialties. Their restaurant’s menu features Colbie’s Southern Kissed Chicken sandwiches, wraps,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 11,808 | 36,176 | 66,287 |
| 2023 Total Population : | 11,770 | 36,377 | 66,001 |
| 2023 Employed Civilian Pop : | 5,489 | 18,806 | 34,195 |
| 2023 Total Businesses : | 424 | 1,201 | 2,205 |
| 2023 Average Household Income : | $ 100,585 | $ 124,268 | $ 133,865 |
| 2023 Total Consumer Spending : | $ 416 M | $ 1485 M | $ 2871 M |
| 2023 Median Age : | 39 | 39 | 42 |
| 2023 Total Households : | 4,808 | 13,993 | 25,249 |
| 2023 Pop Age 25+: Bachelor's Degree : | 2,074 | 6,944 | 13,150 |
| 2023 Average Home Value : | $ 290,058 | $ 358,020 | $ 377,162 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Mill Street | Branch St | 2017 | 3,362 | 0.15 mi |
| Garden Street | 2018 | 9,775 | 0.16 mi | |
| Mill St | Green St | 2012 | 11,280 | 0.16 mi |
| Garden Street | High St | 2019 | 5,395 | 0.21 mi |
| Clover Street | Sharps Aly | 2019 | 3,366 | 0.22 mi |
| Garden Street | Clover St | 2020 | 2,660 | 0.23 mi |
| Garden St | High St | 2010 | 4,329 | 0.24 mi |
| Garden Street | High St | 2017 | 9,702 | 0.24 mi |
| Garden Street | Girard St | 2017 | 6,348 | 0.26 mi |
| Branch Street | Merritt Dr | 2019 | 5,267 | 0.29 mi |
Concord, NC
Cap Rate 6.75%
Lease Abs NNN
R. Term 18.11 yrs
Size/SF 4,081
Harrison, AR
Cap Rate 8.25%
Lease Abs NNN
R. Term 18.20 yrs
Size/SF 4,005
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
