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27766767
27766768

30100 S Dixie Hwy, Homestead, FL 33033

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
$1,900,360
226 days on market
Updated 22 days ago

NNN Goodyear - Miami (Homestead) FL

Details
Property Type Retail
Sub Type Auto Shop, Storefront
Square Footage 6,834
Cap Rate 5%
NOI $95,018
Occupancy 100%
Tenancy Single
Brand/Tenant Goodyear Auto Service
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/30/2037
Remaining Term 11.1
Rent Bumps Yes
Lease Options 6 (5-Year)
Broker Co-Op Yes
Year Built 1961
Year Renovated 1981
Buildings 1
Stories 1
Acreage 0.480
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 06/23/2022
Ownership Fee Simple
Sale Condition 1031 exchange

Absolute NNN | Corporate Lease | 10% Increases

Marketing description

Introducing a prime investment opportunity in Homestead, FL: 30100 S Dixie Hwy! This Single Tenant Absolute NNN property boasts a secure lease with The Goodyear Tire & Rubber Company, offering a Corporate Lease Signature with scheduled 10% rental increases over the 11+ years remaining on the lease. The property's stellar location in the Miami MSA provides excellent visibility and convenience. With an NNN lease structure and a strong tenant like Goodyear, this property presents a reliable income stream for investors. The net operating income of $95,018 and 5.00% cap rate make this a lucrative investment opportunity. Situated in a high-traffic area with notable neighboring amenities, this property is ideal for investors looking for a stable and long-term asset in a thriving market. Don't miss out on this exceptional opportunity to add a quality asset to your portfolio!

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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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$95,018.00
$7,918.17/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

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Additional Information

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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