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$13,800,000

713 W Palm Drive, Florida City FL 33034

Florida City
Type
Office · Commercial Sale
Year built
2011
Parking
73 spaces
Days on market
81 days
About this property

Rare single tenant NNN educational investment in Florida City's explosive South Dade growth corridor. 30,421 SF purpose built, three story K12 campus leased to Advanced Achievers Academy, a Step Up For Students scholarship recipient in continuous occupancy since 2015. Absolute NNN lease with 3% minimum annual escalations and a 15 year renewal option. Tenant pays all taxes, insurance, maintenance, and utilities. Offering includes a contiguous 1.47 acre expansion parcel with engineered plans approved for an identical mirroring facility, doubling campus capacity to 60,000+ SF. Institutional construction: steel reinforced concrete, hurricane impact glass, concrete tile roof. Less than 1 mile from Route 1 and the Ronald Reagan Turnpike. Please do not disturb tenant. All tours must be scheduled.

Why this is an opportunity
  • 81 days on market, room to negotiate
Location
MLS# B26008399 · Listed by Brad Kuskin
Our Office

Contact
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Step inside The Method, the heart of Brickell, Miami.

The Method office, Brickell, MiamiHeadquartersBrickellMiami, Florida702 SW 1st St, Miami, FL 33130(305) 916-1194Info@themethodre.comVisit us