Chick Fil A | Abs NNN Ground Lease | 18240 S Dixie Hwy
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Chick Fil A | Abs NNN Ground Lease 18240 S Dixie Hwy
5,908 SF 4-Star Retail Building Miami, FL 33157 $13,834,686 CAD ($2,342 CAD/SF) 4% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | Corporate Signature (Chick-fil-A, Inc.) |2024 Construction | Several Option Periods | Rental Increases
- Strong Demographics In Local Trade Area | Six Figure Incomes
- Absolute NNN Ground Lease | Leased Fee (Land Ownership) |Zero Landlord Responsibilities | No State Income Tax
- Across From Publix at South Dade Plaza | Strong Tenant Synergy |Florida Turnpike (191,000 VPD) | Nearby New Development Projects
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,908 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Construction Status
Under Construction
Price
$13,834,686 CAD
Price Per SF
$2,342 CAD
Cap Rate
4%
NOI
$553,387 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.56 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
58 Spaces (9.82 Spaces per 1,000 SF Leased)
Frontage
148 ft on South Dixie Highway
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (77)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 30-5032-034-0010 | Improvements Assessment | $770,089 CAD |
Land Assessment | $4,894,882 CAD | Total Assessment | $5,664,971 CAD |
PROPERTY TAXES
Parcel Number
30-5032-034-0010
Land Assessment
$4,894,882 CAD
Improvements Assessment
$770,089 CAD
Total Assessment
$5,664,971 CAD
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Chick Fil A | Abs NNN Ground Lease | 18240 S Dixie Hwy
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