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High Traffic Retail NNN Investment 6388 S Dixie Hwy 3,154 SF Retail Building South Miami, FL 33143 $8,089,357 CAD ($2,564.79 CAD/SF) 4.07% Cap Rate
INVESTMENT HIGHLIGHTS
- High Traffic
- Free standing NNN
EXECUTIVE SUMMARY
First time on the market in over 60 years. This free standing pure NNN ground lease has once of the best tenants in the market place. Daily traffic count of nearly 100k cars. Minutes from Dadeland, Coral Gables and Coconut Grove. Bank with Drive Thru! Excellent Parking
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Building Size
3,154 SF
Building Class
B
Year Built
2012
Price
$8,089,357 CAD
Price Per SF
$2,564.79 CAD
Cap Rate
4.07%
NOI
$329,633 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.46 AC
Zoning
GR
Parking
24 Spaces (7.61 Spaces per 1,000 SF Leased)
Frontage
66’ on Dixie Hwy
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09-4036-048-0050 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,883,188 CAD |
PROPERTY TAXES
Parcel Number
09-4036-048-0050
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,883,188 CAD
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High Traffic Retail NNN Investment | 6388 S Dixie Hwy
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