Take 5 Oil Change - Miami FL
Absolute NNN (Ground Lease) | Corporate | 14 Years Remaining | Off I-95 (246.000 VPD)
Marketing description
Introducing a prime investment opportunity with a Single Tenant Absolute NNN Ground Lease at 15045 NW. 7th Avenue, Miami, Florida 33168. This property boasts a long lease term of 14 years with a reputable tenant, Take 5, a well-established oil change brand. With 10% rental increases every 5 years, and 4 option periods for extension, this property offers a secure and promising revenue stream. The site's strategic location directly off I-95, at a signalized hard corner intersection, ensures high visibility with a traffic count of 246,000 vehicles per day. The 1,430 SF building, constructed in 2024, features top-quality materials and a unique design. With a net operating income of $93,000 and a 5% cap rate, this investment opportunity presents a lucrative prospect for savvy investors seeking a stable income stream from a reliable tenant in a high-traffic area. Don't miss out on this exceptional chance to add a high-performing asset to your portfolio.
Investment highlights
14 Years Remaining | 4 (5-Year) Option Periods |Scheduled Rental Increases | Established Brand
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
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