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| Price $3,047,000 | Built/Renov 1982 | Tenant Bob Evans |
| Cap Rate 7.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
5,804
| Lease Start
08-01-2023
| #Units
440
|
| Price/SF $524.98 | Expiration
07-31-2043
| Tenant Type Casual Dining |
| NOI $213,303 | R. Term 18.10 | Ownership Fee Simple |
| Rent/SF
$36.75
| Increases 2.0%/3/yrs | Pop 5Mi 43,457 |
| Lot/AC 1.35 | Options 4/5yrs/2% | AHHI 5Mi $73,038 |
| | |
Bob Evans is strategically located on National Highway, with access to a daily traffic count of 13,300 vehicles, establishing itself as the main retail thoroughfare for the city of La Vale. The property is positioned just north of Country Club Mall, a 594,000 square foot center which features national/credit tenants including a Walmart Supercenter and T.J. Maxx. Additionally, it is situated...
...Dense retail corridor
Near major nationals
Strategically located
Highway location
Brand new lease
Long 15+ yr lease
Absolute NNN
Annual rent increases
Corporate Guarantee
Over 1000 units backed
Bob Evans Restaurants, also known as Bob Evans, is an American chain of restaurants featuring a country theme. In addition to casual dining fare, most locations sell baked goods, snacks, and small...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 1,636 | 13,684 | 42,587 |
| 2023 Total Population : | 1,663 | 13,876 | 43,457 |
| 2023 Employed Civilian Pop : | 843 | 5,467 | 17,128 |
| 2023 Total Businesses : | 218 | 588 | 1,861 |
| 2023 Average Household Income : | $ 104,272 | $ 99,422 | $ 73,038 |
| 2023 Total Consumer Spending : | $ 69 M | $ 416 M | $ 1108 M |
| 2023 Median Age : | 51 | 43 | 44 |
| 2023 Total Households : | 767 | 4,804 | 17,355 |
| 2023 Pop Age 25+: Bachelor's Degree : | 303 | 1,631 | 4,499 |
| 2023 Average Home Value : | $ 207,866 | $ 215,756 | $ 188,883 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Campground Road | 2017 | 11,862 | 0.18 mi | |
| Ramp 2 Fr Ramp 7 (fr Is 68) To Md 658 | Campground Rd | 2020 | 2,792 | 0.22 mi |
| Ramp 7 Fr Is 68 Wb To Md 658 Sb | Vocke Rd | 2020 | 4,502 | 0.22 mi |
| Ramp 7 Fr Is 68 Wb To Md 658 Sb | I- 68 | 2020 | 1,712 | 0.23 mi |
| Ramp 6 Fr Is 68 Eb To Md 658 Sb | I- 68 | 2020 | 2,722 | 0.29 mi |
| National Freeway | 2018 | 30,050 | 0.30 mi | |
| Ramp 3 Fr Ramp 6 (fr Is 68) To Md 658 Nb | I- 68 | 2020 | 1,212 | 0.31 mi |
| Ramp 6 Fr Is 68 Eb To Md 658 Sb | Vocke Rd | 2020 | 1,512 | 0.32 mi |
| Ramp 5 Fr Md 658 Sb To Ramp 4 (to Is 68) | I- 68 | 2020 | 2,192 | 0.33 mi |
| Ramp 4 Fr Md 658 Nb To Is 68 Eb | Braddock Rd | 2020 | 4,532 | 0.33 mi |
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Cap Rate 7.00%
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Size/SF 6,511
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
