Tesla Net Lease | NNN Investment 14499 NW 57th Ave 2,500 SF Retail Building Miami Gardens, FL 33054 $12,323,979 CAD ($4,929.59 CAD/SF) 7% Cap Rate

Casal Group presents a rare net lease investment opportunity with Tesla, Inc. at 14499 NW 57th Avenue, Miami, FL. This 2,500 SF facility sits on a fully paved, fenced, and lighted 3-acre parcel within the prestigious AVE Aviation & Commerce Center—a 178-acre business park home to Amazon, USPS, and RaceTrac. The property benefits from exceptional visibility and access, with frontage on Red Road, which sees approximately 50,000 vehicles daily, and a hard-corner entrance into the park.
Tesla, Inc. occupies the site under a 10.5-year NNN lease with three 5-year renewal options, generating a strong net operating income of $618,000 annually with 3% annual increases. The lease structure includes land rent of $0.39 per land foot and insurance at $0.20 per land foot, with increases capped at 7.5% every 30 months. The site is governed by GP zoning, offering future flexibility for retail, hotel, or industrial redevelopment.
The master leasehold interest from Miami-Dade County extends through April 2084, ensuring long-term control and stability. With no land taxes due, the land rent serves as the fee in lieu of property taxes. The property is strategically located adjacent to Miami Lakes and near the Miami-Opa Locka Executive Airport, offering immediate freeway access and proximity to key logistics and commercial hubs.