
Financial Summary
Asking Price | $4,353,998 |
Cap Rate | 4.75% |
Net Operating Income (NOI) | $206,810 |
Lease Type | NNN |
Lease Term Remaining | 16 Years (New 15-Year Term Starts in 2020) |
Increases | 10% Every 5 Years |
Highlights
- New 16-year corporate lease
- Strong store sales
- Established location; 55,000 VPD pass the site
- Winn-Dixie outparcel
- Easy access to Ronald Reagan Turnpike and Miami International Airport
Net Lease Advisor
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Location
10575 NW 41st Street
Miami (Doral), FL