3750 NW 79th Ave
Miami, FL 33166
Taco Bell · Retail Property For Sale

The subject property is a 2,615 +/- sf freestanding NNN Taco Bell located in Doral, FL, approximately 15 minutes West of Miami. The property sits just off the heavily trafficked intersection of NW 79th Avenue and NW 36th Street, with a reported traffic count of approximately 65,000 cars/day. The Taco Bell sits in a very densely populated market, with over 6,000 people in the 1-mile radius, nearly 100,000 people within 3 miles and over 460,000 people within 5 miles. The property is also located approximately 1 mile from Miami International Airport. Miami International currently ranks #12 as the busiest airports in the U.S. by passenger count, and is ranked #1 in International Freight (9th Worldwide). The subject property is also approximately 1 mile from Trump National Doral, a resort consisting of 800 acres, four golf courses, 700 hotel rooms across 10 lodges, a 25,000 sf ballroom, 50,000 sf spa with 33 treatment rooms, extensive retail, and six food and beverage outlets. Retailers in the corridor include: Walmart, Sam’s Club, Home Depot, Costco, Publix, Old Navy, Kohl’s, Bass Pro Shops, and IKEA. Doral is considered part of the Miami-Dade MSA, which consists of 2,400 square miles and includes 35 incorporated towns and cities. The Miami-Dade metro consists of roughly 2.7 million people with an anticipated growth of 5% by 2021. The city of Doral is one of the fastest growing cities in the State and recently approved over 2 million sf of commercial developments (600,000 sf currently under construction) and over 9.000 residential units (over 3,000 current under construction). Doral also has over 250 Company headquarters, over 100 Multinational Companies, and over 50 Banking and Financial Institutions. Doral was ranked Best City in Florida for Business Start-ups by BusinessWeek, and ranked 51st in Places to Live and Launch a Business in the U.S. by CNNMoney. Doral was also named the 3rd best place in the U.S. to retire by US. News and World Report. The Tenant, Coastal QSR/South Beach QSR, signed a 20-year NNN Lease that expires December 2029. The Lease includes above market annual increases of the greater of 2.0% or CPI. Coastal QSR/South Beach QSR is comprised of 59 units, and is part of one of the largest Taco Bell franchise groups in the U.S with approximately 190 units.