10600 NW 77th Ave - Freestanding FOR SALE


Hialeah Gardens, FL 33016- Lower Hialeah Gardens | 
$4,595,000 USD
305-345-7776
10600 NW 77th Ave, Hialeah Gardens, FL for Sale
$4,595,000 USD
Freestanding - FOR SALE
1/11
null | 6% Cap Rate

10600 NW 77th Ave
Hialeah Gardens, FL 33016
Lower Hialeah Gardens


HIGHLIGHTS

  • Long-term NNN lease provides contractual income through July 2035.
  • Annual rent increases are the greater of 3% or CPI.
  • Fully occupied by an established South Florida powersports operator.
  • Freestanding commercial building with approximately 100 feet of frontage.
  • Visibility near SR 826 Palmetto Expressway supports strong market exposure.
  • Central Miami-Dade location offers access to Hialeah, Medley, Doral, and Miami International Airport.

OVERVIEW

10600 NW 77th Avenue presents the opportunity to acquire a fully occupied single-tenant commercial asset in Hialeah Gardens, one of Miami-Dade County's most active commercial and industrial corridors. The freestanding property is leased to Motor Shop Center, an established South Florida powersports retailer, service operator, and e-commerce business with more than 25 years of industry experience. The tenant occupies the property under a 10-year NNN lease that extends through July 31, 2035, providing long-term contractual income with annual rent increases equal to the greater of 3% or CPI. The property benefits from approximately 100 feet of frontage along NW 77th Avenue and visibility near the SR 826 Palmetto Expressway, a major transportation corridor serving the greater Miami market. Its location offers convenient access to Hialeah, Medley, Doral, and Miami International Airport, supporting continued tenant demand and operational accessibility. The combination of long-term tenancy, contractual rent growth, and strategic positioning creates a compelling investment opportunity.

FOR SALE DETAILS

PRICE

$4,595,000 USD

PRICE/SF

$368 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hialeah Gardens Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

6200 – COMMERCIAL

APN/PARCEL ID

27-3003-001-0011

ASK ABOUT THIS PROPERTY

Alex ZylberglaitMarcus & MillichapMore Info
305-345-7776

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Alex ZylberglaitMarcus & MillichapMore Info
305-345-7776

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.