Restaurant
Pollo Campero w/ Drive-Thru | New 15-Yr. NNN Corp. Ground Lease
6331 W Waters Ave, Tampa, FL 33634
Listing Price: $3,550,000
Cap Rate
5.00%
Tenant Name
Pollo Campero
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
NNN Ground Lease
Rent Per Square Feet
$71.00
Investment Overview
Marcus & Millichap is pleased to present the Pollo Campero Ground Lease in Tampa, FL.
Pollo Campero w/ Drive-Thru | New 15-Yr. NNN Corp. Ground Lease
Investment Highlights
- 15-Year Absolute NNN Ground Lease with 10% Increases Every 5 Years
- Corporate Guaranty (400+ Locations Worldwide, 113+ Locations in the U.S.)
- Pollo Campero Aims to Grow its U.S. Footprint to 250 Locations by 2028
- Average Unit-Level Sales is $3+ Million, Some Stores Reaching as High as $6 Million
- World's Largest Central American Chicken Chain, 53-Year Old Brand Ranked 109 on Franchise Times Top 400
- Serving Over 250,000 Residents in Rapidly Growing Town 'N' Country Area of Tampa
- Adjacent to High-Volume Target and Lowe's Anchored Power Center
- Walking Distance to Six-Building Class-A Business Park with 720,000 SF
Restaurant
Pollo Campero w/ Drive-Thru | New 15-Yr. NNN Corp. Ground Lease
Listing Price: $3,550,000
Cap Rate
5.00%
Tenant Name
Pollo Campero
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
NNN Ground Lease
Rent Per Square Feet
$71.00
Investment Highlights
- 15-Year Absolute NNN Ground Lease with 10% Increases Every 5 Years
- Corporate Guaranty (400+ Locations Worldwide, 113+ Locations in the U.S.)
- Pollo Campero Aims to Grow its U.S. Footprint to 250 Locations by 2028
- Average Unit-Level Sales is $3+ Million, Some Stores Reaching as High as $6 Million
- World's Largest Central American Chicken Chain, 53-Year Old Brand Ranked 109 on Franchise Times Top 400
- Serving Over 250,000 Residents in Rapidly Growing Town 'N' Country Area of Tampa
- Adjacent to High-Volume Target and Lowe's Anchored Power Center
- Walking Distance to Six-Building Class-A Business Park with 720,000 SF
Investment Overview
Marcus & Millichap is pleased to present the Pollo Campero Ground Lease in Tampa, FL.
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