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| Price $2,352,000 | Built/Renov 2017 | Tenant Fajita Kings |
| Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
3,924
| Lease Start
01-01-2020
| #Units
1
|
| Price/SF $599.39 | Expiration
01-31-2030
| Tenant Type Casual Dining |
| NOI $158,760 | R. Term 5.4 | Ownership Fee Simple |
| Rent/SF
$40.46
| Increases 5.0%/2/yrs | Pop 5Mi 80,640 |
| Lot/AC 1.17 | Options 2/5yrs/5% | AHHI 5Mi $73,668 |
| | |
Fajita Kings is strategically located on S 31st Street, with access to 30,308 vehicles passing by daily. The property is directly across the street from the Baylor Scott & White Medical Center Corporate Headquarters, which employs 14,000 people and is ranked among the top 100 hospitals and top 15 teaching hospitals in the United States by Thomson Reuters. The immediate area features well-known...
...Build to suit
Dense retail corridor
Near major nationals
Strategically located
Hospital close
Strong tenant synergy
Major MSA
Income tax free state
Absolute NNN
Corporate Guarantee
Fajita Kings is a Latin inspired casual dining restaurant concept offering the best flavors from all over Latin America serving all day breakfast, lunch and dinner specials as well as specialty...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
