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INVESTMENT HIGHLIGHTS * Long-Term, 18 Years Remaining on Initial Lease Base Term * Absolute Triple Net (NNN) Investment * Annual Escalations of 2% Starting in Year 4 * Four (4), Five (5) Year Tenant Renewal Options with Escalations During Options * Dual Brand QSR Concept Location : Pizza Hut and KFC with Drive-Thru LOCATION HIGHLIGHTS * Dense Urban Infill Location | Surrounding Retailers include CVS, Publix, Dollar General, McDonald's, Beals, Dunkin Donut's and many more. * Incredibly Strong Economic Drivers including Rockledge High School less than One Mile from Subject Property and Enrollment of over 1,400 Students * Strong Demographics | Population Counts Exceed 275,000 +/- within a 10 Mile Radius * Located within the Orlando MSA | 40 Minute Drive to Orlando, Disney World Theme Parks and Orlando International Airport * Traffic Counts Exceed over 40,000 vehicles per day along Rockledge Blvd * Shopping Center Fundamentals | Publix has recently submitted plans with the City of Rockledge to complete a Re-Format of their current location in the shopping center in which the subject property is located | Further Illustrates Commitment to the Market and a their vision of a thriving market moving into the future TENANT / BRAND HIGHLIGHTS * Globally Recognized Brand – Pizza Hut Continues to Be the Top Pizza Brand in the Country in Terms of Unit Count and Revenue * Dedicated, Drive and Experienced Operators within the Restaurant Industry and Florida Markets * Proven Track Record with Strong Operational History Across its 16,976 Locations Throughout the United States and in 103 Other Countries * KFC Operates more than 17,000 Restaurants in the Unites States and Internationally * Celebration Restaurant Group, LLC is One of the Largest Yum! Brands Domestic Franchisees – They Operate Under the Brands of Pizza Hut (132), Taco Bell (37) and KFC (4) * CFL Pizza, LLC - Formed in December 2009 With the Acquisition of the Pizza Hut Restaurants in Central Florida – Today They Operate 132 Pizza Huts Throughout Several States
Outparcel to Publix Anchored Shopping Center with Excellent Mix of National Tenants with Direct Frontage along Rockledge Blvd.
Month | Payment | Principal | Interest | Total Interest | Balance |
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$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
Total Population | 7,027 | 55,922 | 135,980 | |
Population Median Age | 45 | 44 | 45 | |
Population by Age | 0-9 Yrs | 619 (8%) | 5364 (9%) | 12560 (9%) |
10-19 Yrs | 653 (9%) | 5972 (10%) | 14551 (10%) | |
20-29 Yrs | 603 (8%) | 5402 (9%) | 13803 (10%) | |
30-39 Yrs | 1103 (15%) | 6733 (12%) | 13692 (10%) | |
40-49 Yrs | 643 (9%) | 6251 (11%) | 15451 (11%) | |
50-59 Yrs | 1136 (16%) | 8475 (15%) | 22495 (16%) | |
60-69 Yrs | 1074 (15%) | 8588 (15%) | 20256 (14%) | |
70+ Yrs | 1196 (17%) | 9137 (16%) | 23172 (17%) | |
Median HH Income | $64,709 | $60,144 | $60,019 | |
Total Household Income | < 24K | 604 (20%) | 4377 (19%) | 11040 (19%) |
25-49K | 562 (19%) | 5212 (22%) | 12680 (22%) | |
50-74K | 459 (15%) | 4238 (18%) | 9855 (17%) | |
75-99K | 531 (18%) | 3311 (14%) | 7705 (13%) | |
100-199K | 577 (19%) | 4474 (19%) | 11051 (19%) | |
200K+ | 155 (5%) | 1179 (5%) | 3460 (6%) | |
Highest Education Level | No Diploma | 275 | 3004 | 7911 |
Diploma or GED | 1592 | 11089 | 26249 | |
Some College | 997 | 8465 | 22261 | |
Assoc. Degree | 827 | 5865 | 13781 | |
Bachelors Degree | 1137 | 8571 | 20559 | |
Higher Degree | 697 | 5033 | 11926 | |
Total Housing Units | 3,391 | 28,021 | 67,876 | |
--Owner-Occupied | 2,292 | 16,553 | 40,381 | |
--Renter-Occupied | 595 | 6,238 | 15,411 | |
Owner-Occupied Values | < 100K | 276 | 2361 | 6001 |
100-199K | 952 | 5268 | 10661 | |
200-299K | 658 | 4365 | 9915 | |
300-399K | 147 | 2404 | 6059 | |
400-499K | 15 | 866 | 2845 | |
500K+ | 245 | 1291 | 4900 | |
Total Working Age Population | 6,017 | 46,677 | 114,412 | |
In Work Force | 3,503 | 27,008 | 64,452 | |
Not In Work Force | 2,514 | 19,668 | 49,960 | |
Workforce Employed | 3,278 | 25,257 | 60,895 | |
Workforce Unemployed | 187 | 1,438 | 3,090 | |
Civlian Workforce | 3,465 | 26,695 | 63,985 | |
Military Workforce | 38 | 313 | 467 | |
Total Households | 2,887 | 22,791 | 55,792 | |
Family Households | 1,685 | 13,900 | 33,948 | |
Non-Family Households | 1,202 | 8,891 | 21,844 | |
Married Couple | 1,396 | 11,014 | 26,606 | |
Other Family | 289 | 2,886 | 7,342 | |
Married w/Child | 357 | 2,856 | 6,826 | |
Single Male w/Child | 49 | 432 | 935 | |
Single Female w/Child | 99 | 1,019 | 2,677 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Florida | 15,982,378 | +18 | 18,801,310 | +14 | 21,517,610 | +13 | 24,340,457 |
Brevard County | 476,230 | +14 | 543,376 | +10 | 598,486 | +10 | 656,288 |