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| Price $6,000,000 | Built/Renov 1997 | Tenant Staples |
| Cap Rate 7.50% | Lease Type
NN+ | Guarantor Corp Rated |
| Size/SF
24,000
| Lease Start
04-01-1997
| #Units
994
|
| Price/SF $250.00 | Expiration
01-31-2028
| Tenant Type General Retail |
| NOI $450,000 | R. Term 3.2 | Ownership Fee Simple |
| Rent/SF
$18.75
| Increases 0.0%/0/yrs | Pop 5Mi 23,594 |
| Lot/AC 9.70 | Options 0/0yrs | AHHI 5Mi $150,470 |
| | |
Staples is strategically located along Boston Post Road, which is a major retail thoroughfare, averaging 10,700 vehicles passing by daily. The property benefits from nearby on/off ramp access to Interstate 95, which has a high traffic count of 63,400 vehicles per day, making it the primary north/south freeway serving the East Coast. The site is positioned across from The Shoppes at Old...
...Oversized lot
In location for years
Major thoroughfare
Highway location
Top 100 MSA
Affluent AHHI $100K 5 Mi
Long operation history
Favorable NN+ lease
Corporate Guarantee
Over 500 units backed
Staples is an American office supply retailer which provides innovative printing, shipping, technology, travel and recycling services to millions of customers from entrepreneurs and small...
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 3,490 | 13,214 | 24,301 |
| 2022 Total Population : | 3,184 | 12,593 | 23,654 |
| 2022 Employed Civilian Pop : | 1,682 | 6,272 | 11,491 |
| 2022 Total Businesses : | 476 | 1,132 | 2,138 |
| 2022 Average Household Income : | $ 107,858 | $ 118,931 | $ 129,077 |
| 2022 Total Consumer Spending : | $ 137 M | $ 574 M | $ 1137 M |
| 2022 Median Age : | 54 | 54 | 54 |
| 2022 Total Households : | 1,501 | 5,701 | 10,439 |
| 2022 Pop Age 25+: Bachelor's Degree : | 579 | 2,505 | 5,235 |
| 2022 Average Home Value : | $ 423,477 | $ 478,494 | $ 488,364 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Boston Post Rd | Old Boston Post Rd | 2012 | 10,700 | 0.15 mi |
| Old Boston Post Rd | Great Hammock Rd | 2012 | 7,900 | 0.24 mi |
| Great Hammock Rd | Old Boston Post Rd | 2012 | 4,000 | 0.24 mi |
| Boston Post Rd | Ingham Hill Rd | 2010 | 16,200 | 0.33 mi |
| Boston Post Rd | Ingham Hill Rd | 2012 | 15,600 | 0.43 mi |
| Oak St | Maplewood St | 2010 | 250 | 0.45 mi |
| Boston Post Rd | Pond Rd | 2012 | 9,700 | 0.45 mi |
| Main St | Old Boston Post Rd | 2012 | 8,100 | 0.56 mi |
| Great Hammock Rd | Blueberry Ln | 2012 | 3,000 | 0.61 mi |
| Maple Ct | 2010 | 150 | 0.64 mi |
Los Angeles, CA
Cap Rate 6.75%
Lease Double NN
R. Term 8.10 yrs
Size/SF 2,379
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
