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Pinnacle Gas | Miami | 22 Year Lease 3695 NW 167th St 600 SF Retail Building Opa Locka, FL 33056 $8,379,651 CAD ($13,966.09 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- This Site Qualifies for Bonus Depreciation
- Attractive 2% Annual Rental Increases
- Absolute Triple Net Lease with No Landlord Responsibilities
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Pinnacle Oil & Gas located at 3695 NW 167th St, Miami Gardens, FL 33056. The site consists of roughly 600 rentable square feet of building space on an estimated 0.43-acre parcel of land. This Pinnacle Oil & Gas is subject to a 22-year Triple Net (NNN) lease, which commenced 2/1/2025. The current annual rent is $395,000 and has scheduled increases of 2% annually starting February 2027.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
600 SF
Building Class
C
Year Built
1986
Price
$8,379,651 CAD
Price Per SF
$13,966.09 CAD
Cap Rate
6.50%
NOI
$544,677 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
C - commercial
Frontage
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 34-2109-001-0410 | Improvements Assessment | $254,809 CAD |
| Land Assessment | $615,910 CAD | Total Assessment | $870,719 CAD |
PROPERTY TAXES
Parcel Number
34-2109-001-0410
Land Assessment
$615,910 CAD
Improvements Assessment
$254,809 CAD
Total Assessment
$870,719 CAD
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Pinnacle Gas | Miami | 22 Year Lease | 3695 NW 167th St
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