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| Price $3,231,000 | Built/Renov 1997/2016 | Tenant Sonny's BBQ |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
5,877
| Lease Start
12-28-2016
| #Units
96
|
| Price/SF $549.77 | Expiration
12-31-2031
| Tenant Type Casual Dining |
| NOI $193,850 | R. Term 7.1 | Ownership Fee Simple |
| Rent/SF
$32.98
| Increases 1.5%/1/yrs | Pop 5Mi 206,405 |
| Lot/AC 1.36 | Options 4/5yrs/1.5% | AHHI 5Mi $79,757 |
| | |
Sonny’s BBQ is strategically located along South Orange Blossom Trail (US Hwy 441 & 17) with access to 53,000 vehicles per day. The property is adjacent to The Florida Mall, central Florida’s largest shopping center, spanning 1.8M SF with a staggering 250 stores and over 20 million visitors annually. Neighboring national/credit tenants include 7-Eleven, Wawa, Family Dollar, Walmart...
...High traffic 50M+ VPD
Dense retail corridor
Near major nationals
Highway location
Top 100 MSA
Strong demographics
Income tax free state
Absolute NNN
Annual rent increases
Corporate Guarantee
Sonny's BBQ is an American barbecue restaurant chain. Founded in 1968 in Gainesville, FL as Sonny's Real Pit-Bar-B-Q, the chain was rebranded as Sonny’s BBQ in 2013. The casual dining...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 8,743 | 87,424 | 211,494 |
| 2023 Total Population : | 8,940 | 84,301 | 206,405 |
| 2023 Employed Civilian Pop : | 4,231 | 44,592 | 111,932 |
| 2023 Total Businesses : | 1,409 | 7,047 | 16,361 |
| 2023 Average Household Income : | $ 79,740 | $ 67,268 | $ 79,757 |
| 2023 Total Consumer Spending : | $ 197 M | $ 1788 M | $ 5375 M |
| 2023 Median Age : | 35 | 33 | 36 |
| 2023 Total Households : | 2,828 | 30,199 | 76,958 |
| 2023 Pop Age 25+: Bachelor's Degree : | 889 | 8,483 | 28,453 |
| 2023 Average Home Value : | $ 322,698 | $ 354,932 | $ 372,586 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| S Orange Blossom Trl | Southland Blvd | 2009 | 53,313 | 0.18 mi |
| South Orange Blossom Trail | W Holden Ave | 2021 | 42,000 | 0.25 mi |
| S Orange Blossom Trl | Orlando Central Pkwy | 2018 | 51,500 | 0.36 mi |
| Orlando Central Parkway | Monetary Dr | 2021 | 4,000 | 0.40 mi |
| Orlando Central Pkwy | S Orange Blossom Trl | 2012 | 3,800 | 0.41 mi |
| S Orange Blossom Trl | Sand Lake Rd | 2012 | 54,500 | 0.43 mi |
| Premier Row | Dividend Dr | 2021 | 5,700 | 0.47 mi |
| Sand Lake Rd | Skyview Dr | 2010 | 39,500 | 0.52 mi |
| S Orange Blossom Trl | W Lancaster Rd | 2010 | 50,000 | 0.64 mi |
| Sand Lake Rd | Lillwill Ave | 2012 | 40,782 | 0.66 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
