713 W Palm Drive, Florida City, Florida, United States, 33034

10,900,000
for Sale
128,066

About the 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.
Property Type:
Child Care
Status:
for Sale
Acres:
2.94
Heating Type:
0
Miscellaneous:
Fire Sprinklers
Is Investment:
Yes
Is Institutional:
Yes
Is Misc:
Yes
Listing ID:
B26008399

Rooms

Dimensions

Brokered by:
Compass Florida Llc
Presented By:

Rodolfo Carra

Sales Representative

HotSpot Realty