19600 NW 27th Ave
Carol City, FL 33056
Jiffy Lube · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer a 4,790-square-foot freestanding Jiffy Lube situated on ±0.63 acres in Miami Gardens, Florida. Jiffy Lube' s new 20-year corporately guaranteed absolute NNN lease commenced on June 1, 2017 and includes 10% rent increases every 5 years throughout the initial term and in each of the four 5-year renewal options. The property is ideally located with excellent access and visibility on NW 27th Avenue (Traffic Count: 47,500 VPD), just 0.2 miles south of NW 199th Street (Traffic Count: 26,500 VPD) and 1.3 miles from the Florida' s Turnpike (Traffic Count: 94,000 VPD) which provides direct access to Downtown Miami. Jiffy Lube is also positioned directly across NW 27th Avenue from Walmart Supercenter and immediately adjacent to Wells Fargo and on an outparcel to a 37,000-square-foot retail center occupied by Family Dollar, Pollo Tropical, Enterprise Rent-A-Car, GameStop, and others. The site is also within Miami Gardens' dominant retail and commercial corridor with approximately 5.4 MSF of retail, 1.9 MSF of office, 11.5 MSF of industrial space, and 9,181 multifamily units within a 3-mile radius.