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Take 5 Oil Change - Miami FL 15045 NW 7th Ave 1,430 SF Retail Building Miami, FL 33168 $2,596,411 CAD ($1,815.67 CAD/SF) 5% Cap Rate



INVESTMENT HIGHLIGHTS
- 14 Years Remaining | 4 (5-Year) Option Periods |Scheduled Rental Increases | Established Brand
- Signalized, Hard Corner Intersection | Directly Off I-95 | Dense Retail and Residential Corridor | Strong Real Estate Values
- Absolute NNN (Ground Lease) | Land Ownership | Zero Landlord Responsibilities | No State Income Tax
- Strong Demographics 5-Mile Trade Area | High Density
EXECUTIVE SUMMARY
• Take 5 Oil Change has 14 years remaining on their lease with 4 (5-year) options to extend, demonstrating their commitment to the site
• 2024 construction which features high quality materials, distinct design elements, and high-level finishes
• 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• Take 5 has more than 1,000 company-owned and franchised service centers throughout the United States and Canada
• 2024 construction which features high quality materials, distinct design elements, and high-level finishes
• 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• Take 5 has more than 1,000 company-owned and franchised service centers throughout the United States and Canada
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
1,430 SF
Building Class
C
Year Built
2024
Price
$2,596,411 CAD
Price Per SF
$1,815.67 CAD
Cap Rate
5%
NOI
$129,821 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.43 AC
Zoning
BU-1A - Community Business
Parking
7 Spaces (4.9 Spaces per 1,000 SF Leased)
AMENITIES
- Freeway Visibility
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 30-2124-019-0010 | Improvements Assessment | $876,396 CAD |
| Land Assessment | $1,795,644 CAD | Total Assessment | $2,672,040 CAD |
PROPERTY TAXES
Parcel Number
30-2124-019-0010
Land Assessment
$1,795,644 CAD
Improvements Assessment
$876,396 CAD
Total Assessment
$2,672,040 CAD
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Take 5 Oil Change - Miami FL | 15045 NW 7th Ave
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