Shell 7006 Palmetto Cir N

This property is ideally positioned within the Miami MSA, the ninth-largest metro area in the United States by population. Located in Florida, an income tax-free state, the property has over 15 years remaining on the primary lease term with a triple-net (NNN) structure, relieving the landlord of any responsibilities. It sits on a grocery and gym-anchored outparcel at a signalized intersection along Powerline Road, with traffic counts of 38,000 vehicles per day (VPD), and benefits from close proximity to West Palmetto Park Road (51,000 VPD) and Interstate 91 (110,900 VPD). The area is both densely populated, with over 302,000 people living within a five-mile radius, and affluent, boasting an average household income exceeding $137,000 within a one-mile radius. Neighboring retailers include popular brands like Winn-Dixie, LA Fitness, Publix, Starbucks, Bank of America, Chipotle, and McDonald’s, among many others, enhancing the property’s visibility and appeal.