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13899 W Okeechobee Rd
Hialeah, FL 33018

Price Upon Request

Service Station For Sale  •  8,755 SF

Property Details

  • Property Type Service Station
  • Total Building Size 8,755 SF
  • Lot Size 1.9 AC
  • Building Class C
  • Year Built 2007
  • Tenancy Single
  • Zoning BU-1A
0 Transit Score
29 Walk Score

Highlights

17 Years Remaining on an Absolute Triple Net (NNN) Lease Providing For No Landlord Responsibility
2.5% Rent Increase Annually, Providing For a Strong Hedge Against Inflation
Nearly 1 Million Residents Within a 10-mile Radius, Positioning the Property to Benefit From Both Dense Residential Demand and Commuter Volume
Traffic Count Per Day Exceeds 28,000 and Property is Situated on a Road With Excellent Visibility and Accessibility
Blended CAP Rate of 9.33% Over the Remainder of the Primary Lease Term, Presenting an Excellent Balance of Yield and Stability
Florida is a No Income Tax State, Meaning Investors Enjoy Higher Retained Income, Improved Resale Value

Major Tenants

Tenant SF Occupied Lease End Date
Trinity Petro 1 LLC 8,755 SF 8/31/2042

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
Palmetto (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 10 min - 5.6 mi
Okeechobee (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 13 min - 6.6 mi
AirportDriveWalkDistance
Miami International 22 min - 11.0 mi
Fort Lauderdale/Hollywood International 33 min - 23.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes