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Views: 94 DOM: 494 Updated: 07.21.24 Posted: 05.14.23 Status: Active

Summary

Price $7,217,000
Built/Renov 2023
Tenant Cooper's Hawk (GL)
Cap Rate 5.75%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 10,653
Lease Start 04-03-2023
#Units 55
Price/SF $677.46
Expiration 04-04-2038
Tenant Type Casual Dining
NOI $415,000
R. Term 13.6
Ownership Ground Lease
Rent/SF $38.96
Increases 10.0%/5/yrs
Pop 5Mi 139,195
Lot/AC 2.16
Options 0/0yrs
AHHI 5Mi $103,851

Lease Highlights

  • New 2023 construction with state-of-the-art design and layout
  • Cooper’s Hawk, has signed a 15-year initial term lease with 3 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
  • Absolute NNN ground lease | No landlord responsibilities
  • The lease is corporate guaranteed by Cooper’s Hawk Intermediate Holding, LLC (55+ locations nationwide)

Location Description

Cooper’s Hawk is strategically fronting 6 Mile Cypress Highway averaging 32,500 vehicles per day, and is adjacent to Daniels Crossing, a 500,000 SF Publix anchored shopping center. The asset has excellent visibility and multiple points of ingress/egress, and is less than 3 miles from Interstate 75, providing direct on/off ramp access for travelers. The site is surrounded by many...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Cooper's Hawk (GL)
  • Guarantor:Corporate
  • Company:Cooper’s Hawk Intermediate Holding, LLC
  • # Units:55
  • Stock:Private

About Tenant

Founded in 2005 by CEO Tim McEnery, Cooper’s Hawk Winery & Restaurants was built upon the passionate belief that food and wine hold the power to forge lasting connections. Cooper’s Hawk has...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 5,227 42,459 145,502
2023 Total Population : 5,179 42,491 143,446
2023 Employed Civilian Pop : 2,332 18,508 63,611
2023 Total Businesses : 528 4,235 10,225
2023 Average Household Income : $ 94,134 $ 103,541 $ 100,531
2023 Total Consumer Spending : $ 220 M $ 1835 M $ 5810 M
2023 Median Age : 45 56 51
2023 Total Households : 2,700 20,486 66,697
2023 Pop Age 25+: Bachelor's Degree : 935 8,187 27,148
2023 Average Home Value : $ 351,771 $ 384,387 $ 379,806
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Daniels Pky Ben C Pratt Pky 2001 45,500 0.26 mi
Ben C Pratt Pky Daniels Pky 2001 13,000 0.35 mi
Ben C Pratt Six Mile Cypress Parkway Southwell Dr 2019 23,200 0.38 mi
Daniels Parkway Plantation Rd 2021 54,000 0.39 mi
Plantation Rd Plantation PkCt 2001 6,200 0.49 mi
Plantation Road Miracle Pkwy 2021 6,200 0.58 mi
Ben C Pratt Six Mile Cypress Parkway Miracle Pkwy 2021 32,500 0.64 mi
Daniels Pky Metro Pky 2001 35,500 0.89 mi
Metro Parkway Endeavor Ln 2021 24,000 0.89 mi
Metro Pky Commerce PkDr 2005 29,000 0.90 mi

Listing Broker

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