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Church's Chicken 1155 NW 54th St 1,529 SF Retail Building Miami, FL 33127 $2,499,000 ($1,634.40/SF) 2.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Great Location
- Lease options
- Growing Market
- Established Tenant
- Next to I-95
EXECUTIVE SUMMARY
Great Opportunity to acquire a well located NNN in Miami, next to I-95.
Corporate tenant (Church's Chicken) in the same place since 1972.
4 Options of 5 Years with annual increase (1.5%).
Corporate tenant (Church's Chicken) in the same place since 1972.
4 Options of 5 Years with annual increase (1.5%).
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,529 SF
Building Class
C
Year Built
1972
Price
$2,499,000
Price Per SF
$1,634.40
Cap Rate
2.80%
NOI
$69,972
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
C-1 - Neighborhood Commercial
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Restaurant
- Signage
- Drive Thru
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-3114-000-0420 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $657,904 |
PROPERTY TAXES
Parcel Number
01-3114-000-0420
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$657,904
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Church's Chicken | 1155 NW 54th St
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