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Chick Fil A | Abs NNN Ground Lease 18240 S Dixie Hwy

5,908 SF 4-Star Retail Building Miami, FL 33157 $9,625,000 ($1,629/SF) 4% Cap Rate

Investment Highlights

  • Brand New 15-Year Lease | Corporate Signature (Chick-fil-A, Inc.) |2024 Construction | Several Option Periods | Rental Increases
  • Strong Demographics In Local Trade Area | Six Figure Incomes
  • Absolute NNN Ground Lease | Leased Fee (Land Ownership) |Zero Landlord Responsibilities | No State Income Tax
  • Across From Publix at South Dade Plaza | Strong Tenant Synergy |Florida Turnpike (191,000 VPD) | Nearby New Development Projects

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,908 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Construction Status
Under Construction
Price
$9,625,000
Price Per SF
$1,629
Cap Rate
4%
NOI
$385,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.56 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
58 Spaces (9.82 Spaces per 1,000 SF Leased)
Frontage
148 FT on South Dixie Highway

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Publix
Orangetheory Fitness
Checkers Liquors Viii Inc
Chase Bank
Bank of America
IHOP
BJ's Wholesale Club
SouthState Bank
Sky Zone
Miami Subs Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-5032-034-0010
Land Assessment
$3,408,550
Improvements Assessment
$536,251
Total Assessment
$3,944,801
  • Listing ID: 34226641

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 18240 S Dixie Hwy, Miami, FL 33157

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