713 W Palm Drive

Highlights:

• Lot Features: 2 To Less Than 3 Acre Lot, Fenced
• Number Of Buildings: 1
• Bathrooms Total: 0
• Documents Available: Copies Of Lease(S), Owner Managed, Site Plans
• Cooling: Central Building A/C, Central Air
• Heating: Central Building A/C
• Electric: Separate Meters
• Construction Materials: Concrete Block With Brick, Stucco
• Parking Features: Common, Guest
• Accessibility Features: Accessible Parking
• Security Features: Smoke Alarm, Fire Sprinkler System, Fire Sprinklers, Fire Alarm, Security System, Building Security, Phone Entry, Intercom In Lobby, Lobby Secured, TV Camera, TV Monitor

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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Listing ID: B26008399