Share This Listing

Message

924 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Chick Fil A | Abs NNN Ground Lease 18240 S Dixie Hwy 5,908 SF 4-Star Retail Building Miami, FL 33157 $13,435,730 CAD ($2,274.16 CAD/SF) 4% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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
Fast Food
Building Size
5,908 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2025
Price
$13,435,730 CAD
Price Per SF
$2,274.16 CAD
Cap Rate
4%
NOI
$537,429 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’ on South Dixie Highway

AMENITIES

  • Pylon Sign
  • Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • Dec 2039

Whether greeting at the drive-thru or making a meal inside the restaurant, Chick-fil-A® Team Members strive to serve up memorable experiences for each and every guest. And they hope that dining with them inspires people to spread that sense of warmth to others, too. Eating on the go can be a challenge, but they want to help. From hand-breading the chicken for their classic sandwiches to sourcing fresh produce for their salads and fruit cups, quality food has always been a top priority. They believe in delivering great fast food every day (except Sundays). Their founder, S. Truett Cathy, made the decision to close on Sundays in 1946. He knew what it was like to work seven days a week in restaurants, so he saw the importance of letting his employees set aside one day to rest and worship if they choose. That’s a practice they still uphold today.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - Dec 2039
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Orangetheory Fitness
Stretch Zone
Publix
Chase Bank
Checkers Liquors Viii Inc
IHOP
Miami Grill
SouthState Bank
Sky Zone
Toyota

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-5032-034-0010
Land Assessment
$5,744,034 CAD
Improvements Assessment
$1,690,908 CAD
Total Assessment
$7,434,942 CAD
  • Listing ID: 34226641

  • Date on Market: 2024-12-17

  • Last Updated:

  • Address: 18240 S Dixie Hwy, Miami, FL 33157

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}