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| Price $3,218,000 | Built/Renov 2024 | Tenant CAVA |
| Cap Rate 5.00% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
2,595
| Lease Start
11-01-2024
| #Units
323
|
| Price/SF $1,240.08 | Expiration
10-31-2039
| Tenant Type Fast Casual/Rest. |
| NOI $160,890 | R. Term 15.1 | Ownership Fee Simple |
| Rent/SF
$62.00
| Increases 10.0%/5/yrs | Pop 5Mi 104,997 |
| Lot/AC 0.00 | Options 4/5yrs/10% | AHHI 5Mi $93,326 |
| | |
CAVA is strategically located on South Church Street, with access to a high daily traffic count of 50,028 vehicles. The property is in close proximity to well-known national tenants, including Walmart Supercenter (2.3 million annual visits per Placer.ai), Kroger (1.4 million annual visits, ranking in the top 20% of locations in Tennessee), ALDI (328,000 annual visits), Planet Fitness, and...
...New construction
High traffic 50M+ VPD
Dense retail corridor
Near major nationals
Top 100 MSA
Income tax free state
Brand new lease
Long 15+ yr lease
Corporate Guarantee
Publicly traded company
CAVA is the largest chain of Mediterranean restaurants in the United States. CAVA is a Mediterranean fast-casual restaurant experience featuring customizable & craveable salads, bowls, and pitas....
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Cap Rate 4.28%
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Cap Rate 5.00%
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Cap Rate 4.50%
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Cap Rate 4.25%
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Waldorf, MD
Cap Rate 4.50%
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Size/SF 4,999
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Cap Rate 5.00%
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Cap Rate 4.25%
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Size/SF 2,818
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Cap Rate 4.61%
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R. Term 13.40 yrs
Size/SF 3,658
Lecanto, FL
Cap Rate 4.70%
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R. Term 14.10 yrs
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Eau Claire, WI
Cap Rate 4.52%
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Size/SF 2,336
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
