9190 Biscayne Blvd - Fast Food FOR SALE


Miami Shores, FL 33138
$8,100,000 USD
954-290-8159
9190 Biscayne Blvd, Miami Shores, FL for Sale
$8,100,000 USD
Fast Food - FOR SALE
1/1
null | 4.32% Cap Rate

9190 Biscayne Blvd
Miami Shores, FL 33138


HIGHLIGHTS

  • Trophy Chick-Fil-A ground lease on generational real estate
  • Traffic count: US-1/Biscayne Blvd: 50,000 VPD

OVERVIEW

Generational real estate along Biscayne Blvd, in the core of Miami, Florida, the most coveted market in the country. 20-year ground lease with 10% increase every 5 years to Chick-Fil-A, the premier restaurant in the world. Prime outparcel to the #2 most visited Publix in the chain (~1,400 stores) per PlacerAI Heavily trafficked corridor: US-1 / Biscayne Blvd: 50,000 VPD Unparalleled density: 14,000 population within 1 mile / 168,000 within 3 miles 8 miles from Aventura Mall, and 5.5 miles from the world famous Bal Harbour Shops.

FOR SALE DETAILS

PRICE

$8,100,000 USD

PRICE/SF

$1,929 USD /SF

CAP RATE

4.32%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

6400

APN/PARCEL ID

11-3206-010-0030

ASK ABOUT THIS PROPERTY

Randy TulepanNorth American Realty Services LLLPMore Info
954-290-8159

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Randy TulepanNorth American Realty Services LLLPMore Info
954-290-8159

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