13705 NW 7th Ave - Convenience Store FOR SALE


North Miami, FL 33168
$5,765,669 USD
843-517-8165
13705 NW 7th Ave, North Miami, FL for Sale
$5,765,669 USD
Convenience Store - FOR SALE
1/5
null | 6.35% Cap Rate

13705 NW 7th Ave
North Miami, FL 33168


HIGHLIGHTS

  • ~20 Years Remaining on an Absolute Triple Net (NNN) Lease, Providing For No Landlord Responsibility
  • 2% Annual Rent Increases, Allowing For a Strong Hedge Against Inflation and Contributes to Long-Term Income Growth
  • Nearly 2 Million People Reside Within a 10-Mile Radius of This Location, Driving Steady Demand From Local Consumers
  • Tenant is Investing in an Upgraded Canopy and Signage to Reflect Modern Chevron Branding, Underscoring Their Commitment to the Site
  • Florida Is a No Income Tax State, Meaning Investors Enjoy Higher Retained Income, Improved Resale Value, and Access to a Tax Conscious Consumer Base
  • This Location Includes Five Points of Ingress/Egress and is Located in a Strong Retail Corridor on a Hard Corner of a Signalized Intersection

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,727 SF Boca Gas Located at 13705 NW 7th Avenue in Miami, FL. This Deal Features an Absolute Triple Net (NNN) Lease With ~20 Years of Term Remaining, Providing For No Landlord Responsibility and 2% Annual Rent Increases, Allowing For a Strong Hedge Against Inflation and Contributes to Long-Term Income Growth, Offering Investors Passive, Predictable Returns Backed by a High-Performing Asset. In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953

FOR SALE DETAILS

PRICE

$5,765,669 USD

PRICE/SF

$1,220 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Boca Gas Station (13705 NW 7th Avenue)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

B-1

APN/PARCEL ID

06-2124-002-3290

ASK ABOUT THIS PROPERTY

Jake MahonSands Investment GroupMore Info
843-517-8165

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Jake MahonSands Investment GroupMore Info
843-517-8165

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