Listed by SRS Real Estate Partners Newport Beach
$5,440,000
First Watch | Miami FL
Details
APN 30-5924-005-0035
Property Type Retail
Sub Type Restaurant
Square Footage 5,406
Cap Rate 4.75%
NOI $258,401
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Rent Bumps Yes
Class A
Year Built 2001
Year Renovated 2025
Buildings 1
Stories 1
Acreage 1.000
Zoning Commercial
Parking Spaces 67 spaces
Parking Per SqFt 12.39
Investment Type Net Lease
Ground Lease Yes
Ownership Leased Fee (Land Ownership)
Retail | 4.75% CAP | 5,406 SqFt
Investment highlights
- Brand New 10-Year Lease | Scheduled Rental Increases | Established Brand
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Outparcel to Deerwood Town Center | Florida Turnpike | Dense Retail Corridor
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$258,401.00
$21,533.42/mo
Valuation Metrics
0
DSCR
4.75%
Cap Rate
4.75%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Is there information that looks off?
