713 W Palm Drive, Florida City, FL 33034
- $10,900,000
- List Price
- $10,900,000
- Price Change
- ▼ $2,900,000 1784742310
- MLS#
- B26008399
- Status
- ACTIVE
- Type
- Commercial
Property Description
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.
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Additional Information
- Days on Market
- 142
- Tax Amount
- $124,312
- Water Access
- Building Only, Business And Building
- Parcel Number
- 16-78-25-000-0390
- Lot Size
- 128,066
- Address
- 713 W Palm Drive, Florida City
- Year Built
- 2011
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Listing Courtesy of Compass Florida LLC, Contact: