Pollo Tropical Miami, FL

16201 SW 88th St
Miami, FL

Price: $4223000
Cap Rate: 4.50%
NOI: $190,000
Building Size: Approx. 2714 Sq. Ft.
Lot Size: Approx. 0.56 Acres
Type: Single-Tenant / Retail
Sub Category: Fast Casual
Year Built: 1999

Investment Overview

  • 2,714+/- SF Building on .56+/- Acre Site
  • New 20-Yr Corp NNN Lease w/ 10% Rent Bumps Every 5-Yrs
  • Located along Southwest 88th St (48,000 VPD), just W of Ronald Ragan Turnpike
  • Near Walmart, Publix, LA Fitness, Home Depot, CVS,  Chase, Starbucks, McDonalds
  • Outparcel to Kendall Park Plaza (88,304 SF) | 12-Miles W of Dadeland Mall (1,488,000 SF)
  • 30-Miles SW of Miami Beach (14.6 Million/Annual Visitors) – $23.8 Billion Economic Impact
  • Attractions: Florida Everglades | Art Deco District | South Beach | Ocean Drive | Little Havana
  • 3-Mile Radius: 2015 Estimated Population: 145,069 l  1-Mile Average Household Income:  $73,151
  • Miami-Ft. Lauderdale-West Palm Beach MSA: Miami is Florida’s 2nd Populous City  | Population: 5,564,635

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