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Pinnacle Gas | Miami | 22 Year Lease 10050 Stirling Rd 1,207 SF Retail Building Pembroke Pines, FL 33024 $6,923,077 ($5,735.77/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- This Site Qualifies for Bonus Depreciation
- Attractive 2% Annual Rental Increases
- Absolute Triple Net Lease with No Landlord Responsibilities
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Pinnacle Oil & Gas located at 10050 Stirling Rd, Cooper City, FL 33024. The site consists of roughly 1,207 rentable square feet of building space on an estimated 0.94-acre parcel of land. This Pinnacle Oil & Gas is subject to a 22-year Triple Net (NNN) lease, which commenced 2/1/2025. The current annual rent is $450,000 and has scheduled increases of 2% annually starting February 2027.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
1,207 SF
Building Class
B
Year Built
1993
Price
$6,923,077
Price Per SF
$5,735.77
Cap Rate
6.50%
NOI
$450,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.94 AC
Zoning
Commercial
Frontage
152’ on Stirling
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 51-41-05-08-0011 | Improvements Assessment | $429,330 |
| Land Assessment | $1,040,050 | Total Assessment | $1,469,380 |
PROPERTY TAXES
Parcel Number
51-41-05-08-0011
Land Assessment
$1,040,050
Improvements Assessment
$429,330
Total Assessment
$1,469,380
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Pinnacle Gas | Miami | 22 Year Lease | 10050 Stirling Rd
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