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| Price $2,439,000 | Built/Renov 2024 | Tenant Jim N' Nick's BBQ (GL) |
| Cap Rate 6.15% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
5,500
| Lease Start
02-01-2024
| #Units
47
|
| Price/SF $443.45 | Expiration
01-31-2039
| Tenant Type Casual Dining |
| NOI $150,000 | R. Term 14.2 | Ownership Ground Lease |
| Rent/SF
$27.27
| Increases 10.0%/5/yrs | Pop 5Mi 95,379 |
| Lot/AC 1.20 | Options 3/5yrs/10% | AHHI 5Mi $83,162 |
| | |
Jim N' Nick's BBQ is strategically located on US 80, with access to 24,600 vehicles passing by daily. Its prime location is further enhanced by its proximity across the street to a top 5% performing Lowe's Home Improvement store in the country. The area boasts over 1.6 million square feet of retail space within a 1-mile radius, featuring national tenants such as Walmart Supercenter, Panera...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Highway close
Major MSA
Brand new lease
Absolute NNN
Long 10+ yr lease
Corporate Guarantee
Jim ‘N Nick’s Community Bar-B-Q is a chain of barbeque restaurants that offers a menu of southern-style barbecue classics including their Classic Pulled Pork, Carolina-Style Pork, and Beef...
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| United States Highway 80 E | Veterans Memorial Pky | 2005 | 19,410 | 0.30 mi |
| Beasley Road | Cindy Ln | 2019 | 2,620 | 0.39 mi |
| Northside Drive E | Lovett Dr | 2019 | 23,900 | 0.40 mi |
| Northside Drive E | Lovett Dr | 2018 | 25,400 | 0.40 mi |
| Lovett Road | Northside Dr E | 2019 | 8,700 | 0.63 mi |
| Veterans Memorial Pky | Jones Mill Rd | 2005 | 8,920 | 0.88 mi |
| Savannah Ave | Gentilly Rd | 2005 | 6,930 | 0.91 mi |
| Gentilly Road | E Jones Ave | 2019 | 3,280 | 0.91 mi |
| East Grady Street | Gentilly Rd | 2019 | 720 | 0.91 mi |
| East Grady Street | Gentilly Rd | 2018 | 930 | 0.91 mi |
San Juan, TX
Cap Rate 5.50%
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Size/SF 5,105
San Juan, TX
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Fenton, MI
Cap Rate 5.25%
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Algonquin, IL
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Round Lake Beach, IL
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Morristown, TN
Cap Rate 5.50%
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Onalaska, WI
Cap Rate 6.50%
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Lynchburg, VA
Cap Rate 6.50%
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Enterprise, AL
Cap Rate 6.00%
Lease NN+
R. Term 9.30 yrs
Size/SF 3,572
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
