18750 NW 2ND AVE Miami Gardens FL 33169-4005

Marcus & Millichap is pleased to present the opportunity to invest in a prime commercial property located at 18750 NW 2nd Ave, Miami, FL, occupied by a national tenant under a long-term lease. The property is tenanted by Burger King, a leading global quick-service restaurant brand with a long-standing reputation for excellence. The Lease is guaranteed by Burger King Company LLC, a subsidiary of Restaurant Brands International (NYSE: QSR), one of the world’s largest quick-service restaurant companies with approximately 30,000 restaurants in more than 100 countries. The subject property features a fully equipped free-standing Burger King® restaurant with drive-thru facility, off-street parking, and prominent pole/monument signage.

This attractive property at a signalized intersection with frontage on NW 2nd Avenue (59,000+ VPD), and benefits from exceptional visibility and 3 access points in a heavily trafficked commercial avenue.

The property is ideally situated in Miami Gardens, part of the Miami-Fort Lauderdale-West Palm Beach MSA – the 7th largest metropolitan area in the United States with over 6.1 million residents. Located just minutes from Hard Rock Stadium (home of the Miami Dolphins, Formula 1 Miami Grand Prix, Miami Open tennis tournament, major concerts, and high-profile events), the site benefits from tremendous event-driven traffic and year-round exposure. The surrounding area boasts strong demographics, excellent connectivity via I-95 and the Palmetto Expressway (SR 826), and robust economic growth driven by tourism, international trade, logistics, tourism, and ongoing residential/commercial development. Miami continues to attract massive domestic and international investment and stands out as one of Florida’s hottest and most dynamic real estate markets.

This unique investment opportunity combines a prime location in a thriving Florida market with a brand-new 2024 corporate-guaranteed NNN lease with just under 18 years of its primary term remaining, four (4) five-year extension options, and 10% rental increases every five years throughout the initial term and option periods.

• CORPORATE, LONG-TERM NNN LEASE - Corporate Guarantee - Just Under 18 Years Remaining On Primary Term - W/ 10% Increases Every 5 Year

• EXCELLENT VISIBILITY & ACCESS - Hard Corner Signalized Intersection Frontage on NW 2nd Ave - 59,000+ VPD - 3 Points of Ingress/Egress

• STORE #13-ONE OF THE FIRST BURGER KINGS - More Than 48 Years in Operation

• DENSE INFILL LOCATION - 188,000+ People in 3 Mile Radius

• QUALIFIES FOR 100% BONUS DEPRECIATION - Speak to Listing Agent for Inquires

• PROXIMITY TO HARD ROCK STADIUM - 3 MI From Hard Rock Stadium - Home to Miami Dolphins, Formula 1 Grand Prix, Miami Open Tennis Tournament

• RECENT RENOVATION/RE-IMAGE - This Store was Updated in 2017

• EXCEPTIONAL REGIONAL ACCESS - Minutes from Golden Glades Interchange (I-95, Palmetto Expressway & Florida’s Turnpike) - Over 350,000+ VPD Combined