Office · Commercial Sale
713 W Palm Drive, Florida City FL 33034
Florida City, FL, 33034
$10,900,000
Presented by Parvani Commercial Group, Inc.
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.
Property Details
- Property Type
- Office
- Status
- Active
- MLS #
- B26008399
- Building Area
- 30,421 SF
- Leasable Area
- 30,263 SF
- Lot Size
- 128,066 SF
- Year Built
- 2011
- Zoning
- 6100
- Units
- 1
- Net Operating Income
- $576,000
- Days on Market
- 115
- Price
- $10,900,000