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27257161
27257162

15055 NW 7th Ave, Miami, FL 33168

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$4,640,000
33 days on market
Updated 33 days ago

Murphy USA - Miami FL

Details
Property Type Retail
Sub Type Gas Station, Storefront
Square Footage 2,824
Cap Rate 5%
NOI $232,000
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa (+2)
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 06/29/2044
Remaining Term 18.1
Rent Bumps Yes
Lease Options 4 (5-Year)
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 0.920
Zoning BU-1A (Community Business)
Parking Spaces 15 spaces
Parking Per SqFt 5.31
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 06/30/2024
Ground Lease Yes
Ownership Leased Fee

New Construction Absolute NNN (Ground Lease) | Corporate | 77th Percentile out of all FL Locations

Marketing description

Introducing an exceptional investment opportunity in Miami, Florida! Murphy Oil USA, Inc. presents a lucrative Ground Lease at 15055 NW. 7th Avenue. With 19 years remaining on the lease and strong financials, this property is a secure venture with a trusted corporate tenant. The lease includes 8% rental increases every 5 years, providing a reliable income stream for savvy investors. Situated off I-95 at a high-traffic corner intersection, the location boasts visibility to over 246,000 vehicles daily. The 2,824 SF property on 0.92 AC land is a prime retail space with a long-standing tenant and promising growth potential. Don't miss out on this opportunity to own a piece of a thriving market. Contact us today for more information.

Investment highlights

  • 19 Years Remaining | 8% Rental Increases | Options to Extend | Established C-Store & Gas Operator

  • Absolute NNN (Ground Lease) | Land Ownership | Zero Landlord Responsibilities | No State Income Tax

  • Signalized, Hard Corner Intersection | Directly Off I-95 | Dense Retail and Residential Corridor | Strong Real Estate Values |Industrial Park Just North

  • Strong Demographics 5-Mile Trade Area | High Density

Listing Contacts

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$232,000.00
$19,333.33/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

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Additional Information

Name
Patrick Nutt
License
FL License No. BK3120739
Brokerage
SRS Real Estate Partners-SOFLO LLC
Title
Broker of Record
Name
Patrick Nutt
License
BK3120739
Name
William Wamble
License
SL3257920
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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