Tesla Net Lease | 10.5 Year NNN Investment | 7% Cap | Prime Miami Location
Market Price
14499 NW 57th Avenue, Miami, FL 33054, Doral, FL 33054
7
Cap Rate
618,000
NOI
Details:
Description:
Casal Group is pleased to offer this net lease investment with Tesla, Inc. The property is located within AVE Aviation & Commerce Center, a 2.5M square foot business park, with tenants that include Amazon, the US Postal Service, and Race Trac.
The property maintains 2,500 square feet situated on 3 acres, and is fully paved, fenced and lighted. The tenant, Tesla, Inc., is an American multinational automotive and clean energy company with a 10-year lease.
VALUABLE TENANT:
Tesla, Inc.
LONG TERM LEASE:
10.5 years, with additional options up to 25 years
CASH FLOW:
Current NOI: $618,000 NNN
Solid net cash flow with 3% annual increases
LOCATION / EXPOSURE:
Excellent frontage on Red Road (50,000 cars/day)
Hard corner entrance into the park
ZONING:
GP Zoning provides for future flexibility
for retail, hotels, and industrial
Documents:
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3_AC_Tesla_Net_Lease_-_For_Sale.pdf
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Location
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