15055 NW 7th Ave - Convenience Store FOR SALE


Miami, FL 33168- Biscayne Gardens West
$4,640,000 USD
954-302-7365
15055 NW 7th Ave, Miami, FL for Sale
$4,640,000 USD
Convenience Store - FOR SALE
1/12
null | 5% Cap Rate

15055 NW 7th Ave
Miami, FL 33168
Biscayne Gardens West


HIGHLIGHTS

  • 19 Years Remaining | 8% Rental Increases | Options to Extend | Established C-Store & Gas Operator
  • 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

• Murphy has 19 years remaining on their lease with 4 (5-year) options to extend • The lease features 8% rental increases every 5 years beginning in LY 11 • Murphy has 1,700+ locations nationwide and annual revenues of $21B • Corporate guaranty from Murphy Oil USA, Inc. (NYSE: MUSA)

FOR SALE DETAILS

PRICE

$4,640,000 USD

PRICE/SF

$1,643 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

BU-1A

APN/PARCEL ID

30-2124-019-0010

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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