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    11429 Pne Blvd Pembroke Pines, FL

    For Sale
    $4,463,000

    NNN leased Pollo Tropical with corporate guarantee and options.

    Property size:
    3,832 SF
    Lot size:
    1.00 Acres

    Property Features for 11429 Pne Blvd

    General Information

    Size
    3,832 SF
    Lot size
    1.00 Acres

    Source: SRS Real Estate Partners | Fort Lauderdale Agent Patrick Nutt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pollo Tropical NNN Investment Opportunity

    This property is a Pollo Tropical restaurant with over 11 years remaining on the original 15-year lease, which was executed in January 2020. The lease includes four 5-year option periods for extension. The lease features 10% rental increases every 5 years throughout the initial term and option periods. The lease is corporate guaranteed by Fiesta Restaurant Group, Inc. Pollo Tropical has operated at this location for over 20 years and has strong store sales. The property size is 3,832 square feet.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pembroke Pines
    County
    Broward
    State
    Florida
    Longitude
    -80.2793593
    Latitude
    25.9906428

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    FAQs

    What type of property is this?
    Drive through restaurant - NNN leased Pollo Tropical with corporate guarantee and options.
    Where is this drive through restaurant located?
    The property is located at 11429 Pne Blvd Pembroke Pines, FL.
    What is the asking price?
    The asking price for this property is $4,463,000.
    What are key features of this property?
    This property features: - Fiesta Restaurant Group, Inc. corporate guaranteed lease; - Over 11 years remaining on original 15-year lease; - Enjoy 10% rental increases every 5 years
    (954) 703-3600
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    11429 Pne Blvd Pembroke Pines, FL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11429 Pne Blvd Pembroke Pines, FL
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