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Pollo Campero Ground Lease 6331 Waters ave

2,500 SF Retail Building Tampa, FL 33634 $3,227,000 ($1,291/SF) 5.50% Cap Rate

Investment Highlights

  • 15-Year Absolute NNN Ground Lease with 10% Increases Every 5 Years
  • Pollo Campero Aims to Grow its U.S. Footprint to 250 Locations by 2028
  • World’s Largest Central American Chicken Chain, 53-Year Old Brand Ranked 109 on Franchise Times Top 400
  • Corporate Guaranty (400+ Locations Worldwide, 113+ Locations in the U.S.)
  • Average Unit-Level Sales is $3+ Million, Some Stores Reaching as High as $6 Million
  • Serving Over 250,000 Residents in Rapidly Growing Town ‘N’ Country Area of Tampa

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,500 SF
Year Built
2024
Price
$3,227,000
Price Per SF
$1,291
Cap Rate
5.50%
NOI
$177,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.70 AC

Amenities

  • Signage

Nearby Major Retailers

Pdq
Regions Bank
Buddy's Home Furnishings
Starbucks
Boston Market
Planet Fitness
Publix
Bank of America
Mission BBQ
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
U-24-28-17-D1M-000000-00002.0
Land Assessment
$519,244
Improvements Assessment
$0
Total Assessment
$519,244
  • Listing ID: 33313825

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: 6331 Waters ave, Tampa, FL 33634

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