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| Price $3,890,000 | Built/Renov 2019 | Tenant Sky Zone |
| Cap Rate 8.50% | Lease Type
Modified Gross | Guarantor Corporate |
| Size/SF
30,499
| Lease Start
03-10-2018
| #Units
300
|
| Price/SF $127.55 | Expiration
03-31-2028
| Tenant Type Sport/Fitness |
| NOI $330,668 | R. Term 3.3 | Ownership Fee Simple |
| Rent/SF
$10.84
| Increases 4.7%/2/yrs | Pop 5Mi 225,672 |
| Lot/AC 3.10 | Options 2/5yrs/4.66% | AHHI 5Mi $106,436 |
| | |
Sky Zone is strategically located on Northtown Drive NE, with access to 31,500 vehicles passing by daily. The property sits approximately one mile from multiple major highways in the area including Highway 65 (58,000 VPD) and Highway 47 (31,500 VPD). It is also close to US-10, a major thoroughfare boasting 97,105 VPD. The Northtown Mall in Blaine ranks in the top 75th percentile of regional...
...Build to suit
New roof
Dense retail corridor
Near major nationals
Shopping Ctr out-parcel
Highway close
Top 100 MSA
Strong demographics
Corporate Guarantee
Over 100 Units backed
Sky Zone is a company that operates indoor trampoline parks. Their typical trampoline parks consist of several trampoline courts, which have trampolines for floors and walls, with trampoline...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 8,426 | 78,990 | 235,681 |
| 2023 Total Population : | 8,006 | 77,857 | 230,474 |
| 2023 Employed Civilian Pop : | 4,219 | 40,876 | 123,550 |
| 2023 Total Businesses : | 527 | 2,582 | 5,933 |
| 2023 Average Household Income : | $ 86,333 | $ 97,003 | $ 104,261 |
| 2023 Total Consumer Spending : | $ 238 M | $ 2455 M | $ 7612 M |
| 2023 Median Age : | 41 | 40 | 38 |
| 2023 Total Households : | 3,210 | 29,475 | 85,031 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,263 | 12,799 | 36,466 |
| 2023 Average Home Value : | $ 329,719 | $ 316,068 | $ 331,408 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Northtown Drive | Frontage Rd | 2022 | 4,945 | 0.09 mi |
| Frontage Rd | Maple St NE | 2006 | 3,256 | 0.18 mi |
| 85th Ave NW | Springbrook Dr NW | 2018 | 15,600 | 0.18 mi |
| Springbrook Drive Northwest | 85th Ave NW | 2021 | 7,258 | 0.19 mi |
| State Hwy 10 | 7th St NE | 2016 | 17,700 | 0.26 mi |
| University Avenue Northeast | Hwy 47 | 2018 | 15,000 | 0.26 mi |
| 85th Ave NE | TerRd NE | 2016 | 2,250 | 0.27 mi |
| University Ave NE | 2022 | 18,401 | 0.27 mi | |
| University Ave NE | Hwy 10 | 2016 | 15,500 | 0.28 mi |
| Terrace Rd NE | 85th Ave NE | 2016 | 2,000 | 0.30 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
