Pollo Tropical Single-Tenant
For Sale
Contact for pricing
7021 SW 8th St, Miami, FL 33144
Freestanding restaurant occupied under an absolute NNN ground lease at a signalized intersection near the Palmetto Freeway.
Property SizeContact for details
Days on Market144
Property Features for 7021 SW 8th St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Miami
Listed By:
Al Palacios · License #FL SL704437
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 1:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Miami
Investment Insights
Based on property information with market context.
This single-tenant Pollo Tropical restaurant occupies a 1,200-square-foot building completed in 2018 on 1.01 acres. The property is structured as an absolute NNN ground lease with 12.8 years remaining and 10 percent increases every five years. It is positioned as an out parcel adjoining a Walmart supermarket and gas station.
The restaurant is located at the signalized intersection of SW 8th Street, also known as Calle Ocho, and SW 70th Ave in Miami. The site is 1/2 mile from the Palmetto Freeway, which carries over 200,000 cars daily. More than 60,000 cars pass the property’s frontage each day, and the surrounding 5-mile area includes a population of over a half million with an average age of 48 years.
The restaurant is located at the signalized intersection of SW 8th Street, also known as Calle Ocho, and SW 70th Ave in Miami. The site is 1/2 mile from the Palmetto Freeway, which carries over 200,000 cars daily. More than 60,000 cars pass the property’s frontage each day, and the surrounding 5-mile area includes a population of over a half million with an average age of 48 years.
Key Highlights
- Single‑tenant 1,200‑square‑foot restaurant building completed in 2018
- Situated on 1.01 acres at a signalized intersection
- Absolute NNN ground lease with 12.8 years remaining
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,095
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33144, FL
25,814
Population
9,665
Households
2.7
Avg Household Size
48
Median Age
28%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
8,327
Density / Sq Mi
$59,207
Median Household Income
$35,051
Median Earnings
$1,730
Median Rent
$440,600
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
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Similar Off Market Nearby
- Buffet Comida — 1032 SW 67th Ave, Miami, FL 33144
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant occupied under an absolute NNN ground lease at a signalized intersection near the Palmetto Freeway.
Where is this conventional restaurant located?
The property is located at 7021 SW 8th St Miami, FL.
What are key features of this property?
This property features: Single‑tenant 1,200‑square‑foot restaurant building completed in 2018; Situated on 1.01 acres at a signalized intersection; Absolute NNN ground lease with 12.8 years remaining
