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: