Pollo Tropical Triple Net (NNN) Commercial Property
Tampa, Florida

Triple-Net (NNN)

Tenant is responsible for the Three key expenses of the property:
– Property tax, insurance, repairs and maintenance
– Long-term lease
– Increasing rent over the lease term
– No management necessary

El inquilino es responsable por los Tres costos principales de la propiedad:
– Impuesto a la propiedad (predial), seguro, reparaciones y mantenimiento
– Contratos de arrendamiento a largo plazo
– Incremento de la renta durante el término del contrato
– No se requiere gestion

Price: US $ 2,732,545
Property Type: Free standing
Occupancy: 100%
CAP: 5.25 %
Building Area: approx. 3,300 SF = 306 m²
Lot: approx. 53,580 SF = 4,978 m²
NOI: US $ 143,459
Annual Expenses: NNN Tenant responsible for all expenses including property tax, insurance and maintenance.
Contract Terms: 20-year new contract at closing. Contrato nuevo de 20 años.
Increases: 1.5% increase a year.
Extensions: Four (4), Five (5)-Year Options
Guarantor: Corporate Guarantee: Pollo Tropical – Fiesta Restaurant Group (NASDAQ: FRGI)