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| Price $2,727,000 | Built/Renov 2024 | Tenant Hawaiian Bros Island Grill (GL) |
| Cap Rate 5.50% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
4,000
| Lease Start
08-01-2024
| #Units
75
|
| Price/SF $681.75 | Expiration
07-31-2039
| Tenant Type Fast Casual/Rest. |
| NOI $150,000 | R. Term 14.8 | Ownership Ground Lease |
| Rent/SF
$37.50
| Increases 10.0%/5/yrs | Pop 5Mi 240,668 |
| Lot/AC 1.04 | Options 5/5yrs/10% | AHHI 5Mi $88,698 |
| | |
Hawaiian Bros is strategically located on Slide Rd, a major retail thoroughfare, with access to 35,800 vehicles passing by daily. The property is conveniently situated right off TX-289, a major highway (81,900 VPD), and directly across the street from South Plains Mall, one of Lubbock’s largest shopping malls. The immediate area is surrounded by well-known national tenants including a Walmart...
...New construction
Dense retail corridor
Near major nationals
Strong demographics
Major MSA
Income tax free state
Brand new lease
Long 15+ yr lease
Absolute NNN
50+ unit franchisee backed
Hawaiian Bros Island Grill is a fast-growing, award-winning restaurant brand focusing on authentic Hawaiian food. The brand's menu is an homage to the Hawaiian plate lunch, which was founded...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 16,285 | 107,428 | 249,359 |
| 2024 Total Population : | 16,109 | 104,595 | 241,963 |
| 2024 Employed Civilian Pop : | 8,632 | 56,181 | 122,181 |
| 2024 Total Businesses : | 851 | 4,913 | 9,098 |
| 2024 Average Household Income : | $ 63,301 | $ 96,880 | $ 91,603 |
| 2024 Total Consumer Spending : | $ 415 M | $ 3868 M | $ 7855 M |
| 2024 Median Age : | 32 | 35 | 32 |
| 2024 Total Households : | 7,315 | 45,256 | 96,818 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,852 | 18,311 | 36,065 |
| 2024 Average Home Value : | $ 194,805 | $ 283,597 | $ 285,181 |
Scottsdale, AZ
Cap Rate 4.75%
Lease Abs NNN
R. Term 19.70 yrs
Size/SF 2,180
Appleton, WI
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 3,042
Mercerville, NJ
Cap Rate 5.00%
Lease NN+
R. Term 14.80 yrs
Size/SF 2,325
Laurinburg, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 2,357
Orlando, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 2,520
Toms River, NJ
Cap Rate 5.00%
Lease NN+
R. Term 14.10 yrs
Size/SF 2,325
Middleburg Heights, OH
Cap Rate 5.75%
Lease NN+
R. Term 14.70 yrs
Size/SF 3,429
Key West, FL
Cap Rate 5.75%
Lease Abs NNN
R. Term 13.00 yrs
Size/SF 1,690
Eau Claire, WI
Cap Rate 4.65%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 2,809
Joliet, IL
Cap Rate 4.50%
Lease Abs NNN
R. Term 15.90 yrs
Size/SF 5,042
Dixon, IL
Cap Rate 5.70%
Lease NN+
R. Term 13.50 yrs
Size/SF 2,350
Barstow, CA
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,500
Taylorville, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.60 yrs
Size/SF 1,576
Corona, CA
Cap Rate 5.00%
Lease NN+
R. Term 7.40 yrs
Size/SF 2,533
Little Rock, AR
Cap Rate 6.00%
Lease Abs NNN
R. Term 10.20 yrs
Size/SF 2,456
Dickson, TN
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.30 yrs
Size/SF 1,225
Russellville, AR
Cap Rate 6.15%
Lease Abs NNN
R. Term 10.70 yrs
Size/SF 2,600
Evergreen Park, IL
Cap Rate 5.90%
Lease NN+
R. Term 14.10 yrs
Size/SF 2,400
Kerrville, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.70 yrs
Size/SF 3,027
Reading, PA
Cap Rate 5.50%
Lease NN+
R. Term 15.20 yrs
Size/SF 3,150
Lake Jackson, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 1,518
Michigan City, IN
Cap Rate 4.50%
Lease Abs NNN
R. Term 15.30 yrs
Size/SF 5,222
Jeffersonville, IN
Cap Rate 5.00%
Lease NN+
R. Term 14.80 yrs
Size/SF 2,325
Sevierville, TN
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.00 yrs
Size/SF 4,995
Grapevine, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 2,389
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
