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Pinnacle Gas | Miami | 22 Year Lease 3695 NW 167th St 600 SF Retail Building Opa-locka, FL 33056 $8,450,448 CAD ($14,084.08 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
$8,450,448 CAD
Price Per SF
$14,084.08 CAD
Cap Rate
6.50%
NOI
$549,279 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
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 34-2109-001-0410 | Improvements Assessment | $252,582 CAD |
| Land Assessment | $610,527 CAD | Total Assessment | $863,109 CAD |
Property Taxes
Parcel Number
34-2109-001-0410
Land Assessment
$610,527 CAD
Improvements Assessment
$252,582 CAD
Total Assessment
$863,109 CAD
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Pinnacle Gas | Miami | 22 Year Lease | 3695 NW 167th St
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