Twin Peaks STNL

The established, successful Property offers tremendous frontage on SW 145th Street and easy access from Pines Boulevard, which boasts a traffic count of more than 71,000 vehicles per day. The in-place ground lease expires 10/31/2031, and the lessee has three five-year extension options following the conclusion of the current term. With a proven track record of the highest sales figures on any Twin Peaks in the country, more than ±7.5 years of remaining lease term, unrivaled access and visibility, and a location in a highly affluent and continuously improving submarket, the Property offers investors the opportunity to gain a stable foothold into one of South Florida’s premiere markets.Avison Young is pleased to present Twin Peaks at Shops at Pembroke Gardens, a ground-leased ±8,541 Twin Peaks restaurant situated on ±1.58 AC parcel (“the Property”) located in Pembroke Pines, Florida. The Property, which is one of the top-grossing Twin Peaks location in the country since opening, sits adjacent to and shares an entrance with the Shops at Pembroke Gardens, an open-air retail and entertainment district, and benefits from the ±17,000 visitors its neighbor draws weekly. The Property is located in a densely populated, upscale suburban neighborhood and offers excellent proximity to I-75 & Pines Boulevard. There are more than 200,000 residents within a five-mile radius of the property, generating total annual consumer spending of more than $1.6 billion.