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2660 NW 199th St
Miami Gardens, FL 33056
Sonic Miami Across Hard Rock Stadium · Retail Property For Sale
Investment Highlights
- 15-Year Absolute NNN with Zero Landlord responsibilities
- 2014 Construction with 10 years of Operational History, Low Rent to Sales Ratio 8.35%, Above the National Average
- Hard Rock Stadium attracts Over 2 Million Visitors per Year via Miami Dolphins, College Football, Miami Open, Formula One, Concerts and More
- Financing: $1.5m @ 4% | Non-Recourse First Mortgage - 5-year term - Cash on Cash 6.17%
- Off the Corner of 27th Ave & NW 199th St with over 72,000 Vehicles Per Day, Across from the Hard Rock Stadium
- Oversized Parcel with over 41,000 SF - 9.8 Parking spaces per 1,000 SF
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,054 SF
Building Class
B
Year Built/Renovated
2013/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.95 AC
Zoning
BU-2 - Special Business
Parking
30 Spaces (9.82 Spaces per 1,000 SF Leased)
Frontage
429’ on Northwest 199th Street
Amenities
- Pylon Sign
- Restaurant
Property Taxes
| Parcel Number | 34-2103-030-0020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,742,833 |
Property Taxes
Parcel Number
34-2103-030-0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,742,833
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