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Restaurant

The Dutch Pot Drive-Thru Restaurant

7301 Pines Blvd, Pembroke Pines, FL 33024

Listing Price: $2,500,000

Cap Rate
5.77%
Tenant Name
The Dutch Pot Drive-Thru
Years Remaining On Lease
11.3
Gross SF
2,780
Guarantor
Corporate Guarantee
Rentable SF
2,780
Price/Gross SF
$899.28
Lease Type
Absolute Net
Rent Per Square Feet
$51.91

Investment Overview

The Dutch Pot Drive-Thru, located at 7301 Pines Blvd, Pembroke Pines, FL 33024, is offered at
$2,500,000. The asset is subject to a long-term lease with The Dutch Pot Jamaican Restaurant presenting a cap rate of 5.77%. The asset consists of a 2,780 square foot building (Drive-Thru and Sit-Down
Restaurant) on a 29,725 square foot parcel of land. Dutch Pot is on an Absolute Net (NNN) lease with no landlord responsibilities, ensuring steady cash-flow.

Strategically positioned with its frontage on a street boasting traffic counts of over 47,500, and excellent exposure from Pines Boulevard, a major East-West thoroughfare less than 2 miles off the exit ramp of the FL Turnpike. The Pembroke Lakes Mall (less than 10 minutes away) is home to several anchors including Dillard’s, JCPenney, and Macy’s, of which JC Penny and Macy’s rank among the top stores within their respective regions, reinforcing the retail property’s strength in the local market. Other popular retailers found at this center include AMC Theatres, Buffalo Wild Wings, Olive Garden, The Disney Store, Aerie, Forever 21, H&M, House Of Hoops By Foot Locker, M.A.C., Michael Kors, Oakley, Pandora, and Victoria’s Secret. The immediate trade area is also home to Chick-Fil-A, TD Bank, Miller’s Ale House, Mod’s Pizza, Best Buy, Target, Home Depot, Five Guys, CVS, Burger King, Trader Joe’s, 24-Hour Walmart Super Center, Aldi, HomeGoods, and numerous other National and Regional Tenants. The property is also within 3 Miles proximity to Memorial Hospital West, a full service 486+ bed hospital which provides a wide range of healthcare services, including one of the busiest adult emergency care departments in Broward County.

Located in a densely populated and rapidly growing area of Pembroke Pines, FL, the site benefits from an infill population of 19,380 within a 1-mile radius and 180,904 within 3 miles. The Average Household Income exceeds $75,805 (3-Mile Radius). This strong demographic base ensures a steady and loyal customer presence, enhancing the investment's stability and growth potential.

Dutch Pot Jamaican Restaurant originally signed their lease in 2015. In June 2024, they exercised both of their remaining options, extending their lease term to over 11 years, demonstrating their strong commitment to the site. The lease includes 3% annual rent increases.

With 24 years of successful operations, the business has built a loyal customer base in South Florida
by consistently delivering delicious Jamaican cuisine. Operating 9 drive-thru locations and continuing to grow, their expansion is fueled by strong community support and customer loyalty.

Investment Highlights

  • Corporate & Personal Guarantee from the Dutch Pot Jamaican Restaurant & Managing Members |9 Locations throughout South Florida
  • Florida Ease of Management | 11+ Years Remaining of Base Term| Absolute Triple Net (NNN) Lease – No Landlord Responsibilities
  • Hedge Against Inflation | 3% Annual Increases Throughout the Term of Lease
  • Excellent Exposure | Situated Along Pines Blvd, One of Broward Counties Most Prominent Thoroughfares with over 47,500 Vehicles per Day
  • Over 24 years of Successful Operational History in South Florida |Tenant Exercised Two- Five Year Options Early, Demonstrating their Commitment to this Location.
  • Dense Area | Within a 1-Mile Radius Population Exceeds 19,380 | Across the street from Broward College – 56,000+ Students

Exclusively Listed By

Financing By

Restaurant

The Dutch Pot Drive-Thru Restaurant

Listing Price: $2,500,000

Cap Rate
5.77%
Tenant Name
The Dutch Pot Drive-Thru
Years Remaining On Lease
11.3
Gross SF
2,780
Guarantor
Corporate Guarantee
Rentable SF
2,780
Price/Gross SF
$899.28
Lease Type
Absolute Net
Rent Per Square Feet
$51.91

Investment Highlights

  • Corporate & Personal Guarantee from the Dutch Pot Jamaican Restaurant & Managing Members |9 Locations throughout South Florida
  • Florida Ease of Management | 11+ Years Remaining of Base Term| Absolute Triple Net (NNN) Lease – No Landlord Responsibilities
  • Hedge Against Inflation | 3% Annual Increases Throughout the Term of Lease
  • Excellent Exposure | Situated Along Pines Blvd, One of Broward Counties Most Prominent Thoroughfares with over 47,500 Vehicles per Day
  • Over 24 years of Successful Operational History in South Florida |Tenant Exercised Two- Five Year Options Early, Demonstrating their Commitment to this Location.
  • Dense Area | Within a 1-Mile Radius Population Exceeds 19,380 | Across the street from Broward College – 56,000+ Students

Investment Overview

The Dutch Pot Drive-Thru, located at 7301 Pines Blvd, Pembroke Pines, FL 33024, is offered at $2,500,000. The asset is subject to a long-term lease with The Dutch Pot Jamaican Restaurant presenting a cap rate of 5.77%. The asset consists of a 2,780 square foot building (Drive-Thru and Sit-Down Restaurant) on a 29,725 square foot parcel of land. Dutch Pot is on an Absolute Net (NNN) lease with no landlord responsibilities, ensuring steady cash-flow. Strategically positioned with its frontage on a street boasting traffic counts of over 47,500, and excellent exposure from Pines Boulevard, a major East-West thoroughfare less than 2 miles off the exit ramp of the FL Turnpike. The Pembroke Lakes Mall (less than 10 minutes away) is home to several anchors including Dillard’s, JCPenney, and Macy’s, of which JC Penny and Macy’s rank among the top stores within their respective regions, reinforcing the retail property’s strength in the local market. Other popular retailers found at this center include AMC Theatres, Buffalo Wild Wings, Olive Garden, The Disney Store, Aerie, Forever 21, H&M, House Of Hoops By Foot Locker, M.A.C., Michael Kors, Oakley, Pandora, and Victoria’s Secret. The immediate trade area is also home to Chick-Fil-A, TD Bank, Miller’s Ale House, Mod’s Pizza, Best Buy, Target, Home Depot, Five Guys, CVS, Burger King, Trader Joe’s, 24-Hour Walmart Super Center, Aldi, HomeGoods, and numerous other National and Regional Tenants. The property is also within 3 Miles proximity to Memorial Hospital West, a full service 486+ bed hospital which provides a wide range of healthcare services, including one of the busiest adult emergency care departments in Broward County. Located in a densely populated and rapidly growing area of Pembroke Pines, FL, the site benefits from an infill population of 19,380 within a 1-mile radius and 180,904 within 3 miles. The Average Household Income exceeds $75,805 (3-Mile Radius). This strong demographic base ensures a steady and loyal customer presence, enhancing the investment's stability and growth potential. Dutch Pot Jamaican Restaurant originally signed their lease in 2015. In June 2024, they exercised both of their remaining options, extending their lease term to over 11 years, demonstrating their strong commitment to the site. The lease includes 3% annual rent increases. With 24 years of successful operations, the business has built a loyal customer base in South Florida by consistently delivering delicious Jamaican cuisine. Operating 9 drive-thru locations and continuing to grow, their expansion is fueled by strong community support and customer loyalty.

Exclusively Listed By

Financing By

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