Sonic Miami Across Hard Rock Stadium

List Price
$3,542,000
Cap Rate
5.25%
PPSF
Lot Size
41,484
Key Highlights
Brand New 15-Year Absolute NNN with Zero Landlord responsibilities
Financing: $1.5m @ 4% | Non-Recourse First Mortgage - 5-year term - Cash on Cash 6.17%
2014 Construction with 10 years of Operational History, Low Rent to Sales Ratio 8.35%, Above the National Average
Off the Corner of 27th Ave & NW 199th St with over 72,000 Vehicles Per Day, Across from the Hard Rock Stadium
Oversized Parcel with over 41,000 SF - 9.8 Parking spaces per 1,000 SF
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Contact an Agent

Jonathan De La Rosa
Senior Vice President Investments

Matthew Albregts
Senior Associate