ADVISORY AND TRANSACTIONAL SERVICES FOR SELLERS AND INVESTORS

Denny’s – Tamarac, FL – NNN Lease Offering

5710 North University Drive
Sold

SOLD PRICE: $2,325,000
CAP RATE: 5.38%

  • Denny’s corporate guarantee
  • Located along busy University Drive with 53,000 cars ADT
  • NNN lease with no landlord responsibilities; rent increases and options to extend
  • Less than 4 miles from Coral Square Mall along N. University Dr. , a 941,000 SF regional mall
  • Population of 419,000+ within a five mile radius with an average household income of $57,877
  • There are no features available

$2,325,000

6,028 square feet

Price:

$2,325,000

Cap Rate:

5.38%

Building Size:

6,028 square feet

SF Land Area:

0.83 acres

Current NOI:

$125,000

Lease Type:

NNN

Remaining Term:

Ten (10) Years

Status:

Closed

CONTACT BROKER

Michael Zimmerman

919-391-9900

Download Offering Memorandum
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