For Sale | Pollo Tropical - Miami Fl

Highlights:

• Out Pad to 24/7 - Walmart Market with Gas Station
• Corporate Guaranteed
• Seller will credit Buyer $30,000. at close of Escrow
• Located ½ Mile from Palmetto Freeway-200,000 cars daily
• Situated at the signalized intersection of SW 8th Street (“Calle Ocho”) and SW 70th Ave with 60,000 cars daily
• $57,000 Average Household Income - 1 Mile
• New Dollar Tree next door
• 75% white collar Demographics

Description:

This Pollo Tropical is an out parcel to a 24/7 Walmart Supermarket and Gas Station. Pollo Tropical is 1/2 mile from the Palmetto Freeway with over 200,000 cars passing daily. Pollo Tropical is situated at the signalized intersection of SW 8th Street (“Calle Ocho”) and SW 70th Ave with more than 60,000 cars passing its front door daily. The significant barrier to entry can be traced to the highly desirable demographics where the average age is 48 years old and a population of over a half million is with in a 5 mile radius. The average house hold income exceeds $57,000 per year. Pollo Tropical occupies a 1,200 square-foot single tenant building built 2018 on 0.50 acres of land. This Absolute NNN Ground Lease has 12.8 years remaining and provides base rent with 10 percent increases every five years.

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