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TESLA Net Lease | FOR SALE 14499 NW 57th Ave 2,500 SF Retail Building Miami Gardens, FL 33054 $12,068,127 CAD ($4,827.25 CAD/SF) 7% Cap Rate
Investment Highlights
- NNN lease with Tesla, Inc., including 10.5 years remaining and options extending up to 25 years.
- Excellent Red Road frontage offering visibility to approximately 50,000 vehicles daily.
- Current NOI of $618,000 annually with 3% annual escalations ensures predictable income growth.
- Strategic location within AVE Aviation & Commerce Center adjacent to Miami-Opa Locka Executive Airport.
Executive Summary
The property is a 2,500 SF retail building situated on a 3-acre parcel within AVE Aviation & Commerce Center in Miami-Dade County. Zoning is GP, allowing for multiple uses. The property includes 291 parking spaces and is under a long-term ground lease with a tenant operating under a net lease agreement. Nearby infrastructure includes major thoroughfares such as NW 57th Avenue (Red Road) and proximity to Miami-Opa Locka Executive Airport.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,500 SF
Building Class
B
Year Built
2016
Price
$12,068,127 CAD
Price Per SF
$4,827.25 CAD
Cap Rate
7%
NOI
$844,769 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
3.00 AC
Opportunity Zone
Yes
Zoning
GP - Allows flexible uses including retail, hotels, and industrial.
Parking
291 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
512’ on Red Road | NW 57th Avenue
Amenities
- 24 Hour Access
- Corner Lot
- Property Manager on Site
- Signage
- Car Charging Station
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-2119-003-0010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $108,445,931 CAD |
Property Taxes
Parcel Number
30-2119-003-0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$108,445,931 CAD
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TESLA Net Lease | FOR SALE | 14499 NW 57th Ave
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