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Restaurant

Jollibee w/ Drive Thru

10485 S Eastern Ave, Henderson, NV 89052

Listing Price: $1,904,762

Cap Rate
5.25%
Tenant Name
Jollibee
Years Remaining On Lease
7.3
Guarantor
Corporate Guarantee
Rentable SF
3,698
Lease Type
Absolute Net
Rent Per Square Feet
$27.04

Investment Overview

Corporate Guaranteed NNN Leased Jollibee Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2020 Construction with Drive-Thru. Pad to At Home, Trader Joe’s and Seafood City Supermarket Anchored Retail Center and Near Numerous other National Retailers including Target, Lowe’s, Marshalls, Michaels, PetSmart, Office Depot and many more. Positioned Along Area’s Major Traffic & Industrial Corridor - Easy Access & Excellent Visibility on Heavily Trafficked S Eastern Ave w/ Daily Traffic Counts Exceeding 46k Vehicles. Near Interstate-215 (172k+ VPD). Densely Populated and Affluent Area: Features an Average Household Income of $105k+ within a 1-Mile Radius and more than 322k People Residing within a 5-Mile Radius. Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction. Henderson is one of the Fastest-Growing Cities in the United States. Its Favorable Business Climate and its Quality of Life Amenities, Henderson has been Recognized as One of the Safest Cities in the United States, and It has also been Ranked as One of the Best Places to Live in the Country. Jollibee has Expanded to become a Global Brand. It is the Largest and Fastest Growing Asian Restaurant Company in the World with an Annual Revenue of more than $2.81B, Total Net Worth of $1.3B and Total Assets of more than $3.86B.

Investment Highlights

  • Corporate Guaranteed Absolute NNN Lease
  • Largest & Fastest Growing Asian Restaurant Company in the World
  • Outparcel to At Home & Trader Joe's Anchored Center
  • Nevada Location - No State Income Tax
  • Densely Populated & Affluent Area - Population 322,000+ (Five-Mile)

Exclusively Listed By

Restaurant

Jollibee w/ Drive Thru

Listing Price: $1,904,762

Cap Rate
5.25%
Tenant Name
Jollibee
Years Remaining On Lease
7.3
Guarantor
Corporate Guarantee
Rentable SF
3,698
Lease Type
Absolute Net
Rent Per Square Feet
$27.04

Investment Highlights

  • Corporate Guaranteed Absolute NNN Lease
  • Largest & Fastest Growing Asian Restaurant Company in the World
  • Outparcel to At Home & Trader Joe's Anchored Center
  • Nevada Location - No State Income Tax
  • Densely Populated & Affluent Area - Population 322,000+ (Five-Mile)

Investment Overview

Corporate Guaranteed NNN Leased Jollibee Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2020 Construction with Drive-Thru. Pad to At Home, Trader Joe’s and Seafood City Supermarket Anchored Retail Center and Near Numerous other National Retailers including Target, Lowe’s, Marshalls, Michaels, PetSmart, Office Depot and many more. Positioned Along Area’s Major Traffic & Industrial Corridor - Easy Access & Excellent Visibility on Heavily Trafficked S Eastern Ave w/ Daily Traffic Counts Exceeding 46k Vehicles. Near Interstate-215 (172k+ VPD). Densely Populated and Affluent Area: Features an Average Household Income of $105k+ within a 1-Mile Radius and more than 322k People Residing within a 5-Mile Radius. Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction. Henderson is one of the Fastest-Growing Cities in the United States. Its Favorable Business Climate and its Quality of Life Amenities, Henderson has been Recognized as One of the Safest Cities in the United States, and It has also been Ranked as One of the Best Places to Live in the Country. Jollibee has Expanded to become a Global Brand. It is the Largest and Fastest Growing Asian Restaurant Company in the World with an Annual Revenue of more than $2.81B, Total Net Worth of $1.3B and Total Assets of more than $3.86B.

Exclusively Listed By

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