24701 SW 112th Ave - Freestanding FOR SALE


Homestead, FL 33032- Princeton
$2,878,200 USD
561-427-6699
24701 SW 112th Ave, Homestead, FL for Sale
$2,878,200 USD
Freestanding - FOR SALE
1/5
null | 6% Cap Rate

24701 SW 112th Ave
Homestead, FL 33032
Princeton


HIGHLIGHTS

  • Family Dollar's rent of $18.63/SF is below market and offers an investor potential future upside
  • Rent increases in each 5 year option and will increase 10% in 2027 should tenant exercise their renewal option
  • Tenant self-maintains their parcel and reimburses landlord for RE Taxes and Insurance (2017 BTS for Family Dollar)
  • Miami-Dade led the Nation in number of multifamily units under construction in 2023 and 2024 and thousands of singlefamily homes are in various stages
  • 52,500 VPD and shared traffic signal with Aldi, Wawa, Chick-fil-A and CVS
  • Family Dollar is a subsidiary of Dollar Tree Inc., a Fortune 200 company with over 15,500 stores in 48 states

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this Net Leased Family Dollar in Miami, FL.

FOR SALE DETAILS

PRICE

$2,878,200 USD

PRICE/SF

$343 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

B1

APN/PARCEL ID

30-6019-010-0016

ASK ABOUT THIS PROPERTY

Patrick WagorAtlantic Capital PartnersMore Info
561-427-6699

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Patrick WagorAtlantic Capital PartnersMore Info
561-427-6699

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.