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NNN Leased Pollo Tropical Building on Biscayne Blvd. in Mimo Trades For 4.61% CAP

NNN Leased Pollo Tropical Building on Biscayne Blvd. in MiMo Trades For 4.61% CA

July 23, 2020

A NNN leased Pollo Tropical stand-alone restaurant building located on Biscayne Blvd/ US-1 in Miami’s MiMo district, has traded for $2.275 million, equating to a 4.61% CAP rate. The 1,754 SF restaurant building sits on a 12,800 SF lot located at 7501 Biscayne Blvd in Miami, FL.

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In Acquisitions, Commercial, Invest, Investment News, News, Mimo, Restaurants, Retail, Sales Update, Traded, Upper East Side, Private Equity Tags Invest, Investment News, Pollo Tropical, Biscayne Boulevard, MiMo, Mimo, Upper East Side, News, Traded, NNN, Private Equity, Alex Zylberglait, Scott Sandelin, Jonathan De La Rosa, Marcus & Millichap, Jason Abitbol, Apex Capital Realty, 995 Holdings LLC., 7501 Biscayne LLC., Alex Karakhanian, LNDMRK Development, Commercial, Retail, Restaurants, Acquisitions, Sales Update
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