Pollo Tropical
Baskersfield, CA
Pollo Tropical (literally “Tropical Chicken” in English) is a restaurant chain and franchise specializing in the cuisine of the Caribbean. Founded in 1988, the chain has its headquarters in Dadeland, Miami-Dade County, Florida. It is best known for marinated and grilled chicken and various sides including black beans and rice, corn casserole and more.
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Moody Outlook: N/R
Typical Lease Characteristics
Positives:
- Typically located in high traffic locations
- Typically Long term leases with increases
Negatives:
- Currently Not Rated
- Competitive Industry Sector
- Susceptible to economic trends and pressures
Market Snapshots:
On Market Ranges:
# of Properties in set: 1
Price: $3,652,895 - $3,652,895Average: $3,652,895
PPSF: $1111 - $1111Average: $1111
Year Built: 2006 - 2006Average: 2006
CAP Rate Range: 5.25% - 5.25%Average: 5.25%
Size range: 3,285 sq ft - 3,285 sq ft Average: 3,285 sq ft
Last 12 Month Range:
# of Properties in set: 3
Price: $2,597,400 - $3,203,460Average: $2,886,000
PPSF: $775 - $866Average: $825
Year Built: 1970 - 2017Average: 1998
CAP Rate Range: 4.66% - 5.83%Average: 5.30%
Size range: 3,334 sq ft - 3,630 sq ft Average: 3,504 sq ft
Pollo Tropical Similar Tenants
Pollo Tropical Company Profile
Headquarters Information
Dadeland, Florida
Founded in 1988
Company type: Public
Stock Ticker: FRGI
Parent Company: Fiesta Restaurant Group, Inc.
Sector: Services
Industry: Restaurants
# of Employees: 5,600
Pollo Tropical Stock Keys
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