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2675 N University Dr
Sunrise, FL 33322
Pollo Tropical: Less than 5% Rent to Sales · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,203 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.75 AC
Zoning
B-3
Parking
34 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
173’ on N University Drive

About 2675 N UNIVERSITY DR , SUNRISE, FL 33322

Pollo Tropical has 4 years remaining on initial 20-year NNN lase with 1% rental escalations annually and four 5-year renewal options. The tenant, Fiesta Restaurant Group, Inc. owns, operates, and franchises Pollo Tropical (140+ locations & Taco Cabana (170 locations) Restaurant Brands. Rare Carrols Corporation has a lease guarantee with the parent company. This asset has an extremely low rent-to-sales ratio (less than 5%!). Pollo Tropical is located in Sunrise, Florida on North University Drive with excellent drive by visibility. Nearby retailers include Walmart Supercenter, Lowe’s Home Improvement, Family Dollar, Target, Barnes & Noble, Kohl’s, Marshalls & HomeGoods, Dick’s Sporting Goods, and Westfield Broward (anchored by Sears, Dillard’s, Macy’s, JCPenney & Regal Cinemas). This asset is located 3 miles from Westside Regional Medical Center (a general medical & surgical center with 226 beds). In Association with Florida Local Broker: Brian Brockman, Bang Realty – Naples, Inc. #BK3327646

Property Taxes

Property Taxes

Parcel Number
49-41-28-11-0923
Land Assessment
$496,950
Improvements Assessment
$1,155,780
Total Assessment
$1,652,730
  • Listing ID: 17013641

  • Date on Market: 8/23/2019

  • Last Updated:

  • Address: 2675 N University Dr, Sunrise, FL 33322

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