12800 SW 152 St - Service Station FOR SALE
Miami, FL 33177 |
12800 SW 152 St
Miami, FL 33177
HIGHLIGHTS
- Extremely rare 20 year RaceTrac ground lease offering
- Corporate guarantee from RaceTrac Petroleum Inc.
- Recession and e-commerce resistant asset class
- Large parcel with high intrinsic land value
- Outparcel to Botanica, a new mixed-use development anchored by a 24-Hour Walmart Supercenter and 900 residential units
- 10% rent increases every 5 years beginning in year 6 provide hedge against inflation
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
RaceTrac
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
5411
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
30-5926-017-0040
