15045 NW 7th Ave - Service Station FOR SALE


Miami, FL 33168- Biscayne Gardens West
$1,860,000 USD
954-302-7365
15045 NW 7th Ave, Miami, FL for Sale
$1,860,000 USD
Service Station - FOR SALE
1/12
null | 5% Cap Rate

15045 NW 7th Ave
Miami, FL 33168
Biscayne Gardens West


HIGHLIGHTS

  • 14 Years Remaining | 4 (5-Year) Option Periods |Scheduled Rental Increases | Established Brand
  • Absolute NNN (Ground Lease) | Land Ownership | Zero Landlord Responsibilities | No State Income Tax
  • Signalized, Hard Corner Intersection | Directly Off I-95 | Dense Retail and Residential Corridor | Strong Real Estate Values
  • Strong Demographics 5-Mile Trade Area | High Density

OVERVIEW

• Take 5 Oil Change has 14 years remaining on their lease with 4 (5-year) options to extend, demonstrating their commitment to the site • 2024 construction which features high quality materials, distinct design elements, and high-level finishes • 10% rental increases every 5 years throughout the initial term and at the beginning of each option period • Take 5 has more than 1,000 company-owned and franchised service centers throughout the United States and Canada

FOR SALE DETAILS

PRICE

$1,860,000 USD

PRICE/SF

$1,301 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change - Miami FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

BU-1A

APN/PARCEL ID

30-2124-019-0010

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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