7700 W McNab Rd
North Lauderdale, FL 33068
Retail Property For Sale

NNN – STNL – Retail – Peter Piper Pizza – Chuck E. Cheese's - Restaurant - Commercial Real Estate – For Sale – North Lauderdale – FL Marcus & Millichap is pleased to offer the opportunity to acquire Peter Piper Pizza located at 7900 West McNab Road, North Lauderdale, Florida 33068. The subject property is a 7,540 square-foot single tenant building on 1.15 acres of land. Peter Piper Pizza offers a brand new 15-Year Triple Net (NNN) lease with no landlord responsibilities. The offering provides four, five-year renewal options with rental escalations every five years in both base term. This is a brand-new location, construction begins in the summer of 2018. Peter Piper Pizza is a Southwestern regional chain of pizza and entertainment restaurant chains. Acquired by CEC Entertainment, Inc. which is headquartered in Irving, Texas, it has been a nationally recognized leader in family dining and entertainment for over 35 years. CEC Entertainment, Inc. and its subsidiaries operate and franchise Chuck E. Cheese’s and Peter Piper Pizza family dining and entertainment centers in 47 states and 13 countries and territories around the world. It is ideally situated with excellent access and visibility off McNab Road, with more than 38,000 vehicles per day and University Drive with over 55,000 vehicles per day. Peter Piper Pizza is strategically situated on a primary retail and commercial corridor, it will be an outparcel to Walmart Supercenter. Surrounding national retailers with a presence in the immediate vicinity include Walmart Supercenter, Ross, Publix, 7-Eleven, CVS, Regions Bank, ALDI, Dunkin’ Donuts, Taco Bell, Napa Auto Parts, Burger King, McDonald’s, Dollar Tree, Auto Zone, Foot Locker, Home Depot, Pollo Tropical, Papa Johns, Chase and many more. Located in North Lauderdale, the property offers attractive demographics. Broward County is bordered to the north and south by Palm Beach and Miami-Dade Counties and boasts a population of 1.9 million people. The population continues to grow at a pace well above the U.S. rate. It is also a desirable corporate location due to its proximity to Latin American markets, large educated workforce and desirable climate.