14499 NW 57th Ave - Auto Dealership FOR SALE
Miami Gardens, FL 33054 |
$8,828,571 USD
305-992-3592
14499 NW 57th Ave
Miami Gardens, FL 33054
HIGHLIGHTS
- NNN lease with Tesla, Inc., including 10.5 years remaining and options extending up to 25 years.
- Current NOI of $618,000 annually with 3% annual escalations ensures predictable income growth.
- Excellent Red Road frontage offering visibility to approximately 50,000 vehicles daily.
- Strategic location within AVE Aviation & Commerce Center adjacent to Miami-Opa Locka Executive Airport.
OVERVIEW
The property is a 2,500 SF retail building situated on a 3-acre parcel within AVE Aviation & Commerce Center in Miami-Dade County. Zoning is GP, allowing for multiple uses. The property includes 291 parking spaces and is under a long-term ground lease with a tenant operating under a net lease agreement. Nearby infrastructure includes major thoroughfares such as NW 57th Avenue (Red Road) and proximity to Miami-Opa Locka Executive Airport.
FOR SALE DETAILS
PRICE
$8,828,571 USD
PRICE/SF
$3,531 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
TESLA Net Lease | FOR SALE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Dealership
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
291
LAND DETAILS
LAND ACRES
3 AC
LAND SF
130,680 SF
ZONING
GP
APN/PARCEL ID
30-2119-003-0010
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305-992-3592
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305-992-3592
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