Miami, FL - Take 5 Oil Change
$1,860,000
15045 NW 7th Ave, North Miami, FL 33168
5
Cap Rate
93,000
NOI
Details:
Description:
• Take 5 Oil Change has 14 years remaining on their lease with 4 (5-year) options to extend, demonstrating their commitment to the site
• 2024 construction which features high quality materials, distinct design elements, and high-level finishes
• 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• Take 5 has more than 1,000 company-owned and franchised service centers throughout the United States and Canada
• Located at the signalized, hard corner intersection of NW 151st St and NW 7th Ave
• The Murphy next door ranks in the 77th percentile (34 out of 145) of all FL locations via Placer.ai
• Directly off I-95 (246,000 VPD), providing immediate and easy access to the on off/ramp to the site and the surrounding Miami-Dade trade areas
• The highly dense residential and retail corridor will provide a steady consumer base from which to draw
• There is a massive industrial park just to the North that will serve as an additional traffic driver to the site
• The Winn-Dixie across the street ranks in the 76th percentile (16,277 out of 68,075) of all nationwide grocery stores via Placer.ai
• The adjacent Murphy is also available for sale
Location

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