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Investment Highlights

  • Excellent demographics: 179,877 Population within 3 miles. Very high Traffic: +/- 60,000 cars passing daily.
  • Prime, hard-corner location with excellent access and visibility. Surrounded by many National Tenants, Schools, Museums and Government Offices.

Executive Summary

Freestanding, 2nd-generation restaurant building totaling ±2,363 SF on 0.20 acres. Former national QSR (Pizza Hut) with existing kitchen infrastructure in place — significantly reducing buildout costs for incoming operator or owner-user.
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Hard-corner location with 41 feet of frontage on NE 6th Avenue. Pylon sign available. Excellent ingress/egress with strong visibility from the corridor. Year built: 1979.
Surrounded by national tenants, public schools, museums, and government offices — anchoring consistent daily traffic to the immediate node. Dense infill North Miami location with limited freestanding restaurant product available.
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Ideal for QSR, fast casual, or full-service restaurant operator. Owner-user or investor purchase considered. Dual sale/lease structure provides maximum flexibility.

Property Facts

Sale Type
Investment NNN
Sale Conditions
High Vacancy Property
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,363 SF
Building Class
C
Year Built/Renovated
1979/2021
Price
$2,200,000
Price Per SF
$931.02
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.20 AC
Zoning
C-3, North Miami - Commercial
Parking
8 Spaces (2.54 Spaces per 1,000 SF Leased)
Frontage
41’ on NE 6th Ave

Amenities

  • Pylon Sign
  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Founded in 1958 in Wichita, Kansas by brothers Dan and Frank Carney, Pizza Hut operates as a global pizza restaurant brand offering pan pizza, thin crust varieties, wings, pasta, and related menu items. The brand began franchising in 1959 and introduced its recognizable red-roof restaurant design in the 1960s. Pizza Hut expanded nationally and internationally through a predominantly franchised model, becoming one of the most recognizable names in the pizza restaurant category. Over time, Pizza Hut has shifted its operational focus toward delivery and carryout formats alongside traditional dine-in locations. The brand has also introduced menu and digital ordering updates as part of broader operational adjustments within a highly competitive restaurant sector. Pizza Hut is privately operated as a brand within its publicly traded parent company, Yum! Brands.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,363 SF
  • Restaurant
  • Outparcel
  • Now

This is a unique opportunity to acquire or lease a freestanding, second-generation restaurant building located at a high-visibility, signalized hard corner in the heart of North Miami. Formerly operated as a Pizza Hut, this 2,363 SF outparcel building offers a proven QSR footprint with an existing drive-thru configuration, ideal for a fast casual, QSR, ghost kitchen, coffee, or service retail operator seeking immediate market presence with minimal buildout required.

Space Size Space Use Position Available
1st Floor 2,363 SF Restaurant Outparcel Now

1st Floor

Size
2,363 SF
Space Use
Restaurant
Position
Outparcel
Available
Now

1st Floor

Size 2,363 SF
Space Use Restaurant
Position Outparcel
Available Now

This is a unique opportunity to acquire or lease a freestanding, second-generation restaurant building located at a high-visibility, signalized hard corner in the heart of North Miami. Formerly operated as a Pizza Hut, this 2,363 SF outparcel building offers a proven QSR footprint with an existing drive-thru configuration, ideal for a fast casual, QSR, ghost kitchen, coffee, or service retail operator seeking immediate market presence with minimal buildout required.

Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Publix
Truist
Presidente Supermarket
Chase
Bank of America

Property Taxes

Property Taxes

Parcel Number
06-2230-007-0430
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,007,107
  • Listing ID: 31644586

  • Date on Market: 4/29/2024

  • Last Updated:

  • Address: 12699 NE 6th Ave, North Miami, FL 33161

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