ATTRACTIVE LEASE FUNDAMENTALS
- Absolute NNN Lease Providing Zero Landlord Responsibilities
- 15 year term with 10% rental increases every 5 years Providing a strong inflation hedge
- Three (3) five (5) year extensions
FAST GROWING TENANT
- With more than 400+ locations worldwide, the Guatemalan chicken brand plans to add 150+ locations in the U.S. by 2026
- Pollo Campero is the worlds largest Central American Chicken brand and is looking to dominate the U.S. market
RECENT RENOVATIONS
- The Building has recently been converted to suit the tenant’s specifications
- Tenant has paid to add specific capital improvements to enhance operational performance
HIGH GROWTH TAMPA, FL
- Located in the Tampa, FL MSA, one of the top 15 fastest-growing major cities in the U.S.
- The Tampa Bay region experienced over 2% population growth in 2023, pushing the total population beyond 5 million and underscoring the area’s strong demographic momentum and longterm retail demand
DENSE RETAIL NODE
- Site is located in a dense retail node with more than 2.9M SF of retail space within a 1-mile radius
- Nearby national retailers include: Sprouts Farmers Market, Burlington, Winn-Dixie, and more
NEARBY MARKET DRIVERS
- Located near the University of South Florida
- USF had a total enrollment of over 48K students in the fall 2023 and employs over 16K people
- Near the James A. Haley Veterans Hospital which has over 500 beds, with an additional 120 beds planned in a new 220,000 SQFT expansion
It handles more than 3,900 outpatient visits daily and 1.5 million annually