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| Price $6,865,000 | Built/Renov 2015 | Tenant Radiant Senior Living |
| Cap Rate 9.45% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
17,738
| Lease Start
04-16-2015
| #Units
10
|
| Price/SF $387.02 | Expiration
04-15-2030
| Tenant Type Medical/Health |
| NOI $648,513 | R. Term 5.4 | Ownership Fee Simple |
| Rent/SF
$36.56
| Increases 2.0%/1/yrs | Pop 5Mi 60,275 |
| Lot/AC 2.97 | Options 2/5yrs/2% | AHHI 5Mi $70,912 |
| | |
Radiant Senior Living is strategically located on E Street, with access to 5,088 vehicles passing by daily. The property enjoys proximity to well-known national tenants such as Big Lots! McDonald's, Albertsons, Walgreens, and Taco Time. Additionally, in the vicinity there are key educational institutions such as Thurston High School and Thurston Middle School. The 5-mile trade area is...
...Build to suit
Oversized lot
Near major nationals
Strategically located
Highway close
Major MSA
Absolute NNN
Annual rent increases
Corporate Guarantee
Radiant Senior Living is a group of communities focused on providing quality healthcare and lifestyle choices for seniors by offering all levels of senior housing, from skilled nursing services to...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 12,115 | 32,182 | 56,696 |
| 2023 Total Population : | 12,083 | 32,199 | 56,583 |
| 2023 Employed Civilian Pop : | 5,882 | 15,229 | 26,360 |
| 2023 Total Businesses : | 161 | 582 | 1,506 |
| 2023 Average Household Income : | $ 92,140 | $ 87,269 | $ 83,581 |
| 2023 Total Consumer Spending : | $ 367 M | $ 912 M | $ 1598 M |
| 2023 Median Age : | 41 | 39 | 40 |
| 2023 Total Households : | 4,628 | 12,077 | 22,071 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,616 | 3,603 | 6,392 |
| 2023 Average Home Value : | $ 412,457 | $ 391,261 | $ 391,779 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Thurston Road | 62nd St | 2020 | 4,296 | 0.21 mi |
| Thurston Rd | 60th St | 2008 | 5,730 | 0.21 mi |
| 58th Street | F St | 2020 | 4,024 | 0.27 mi |
| 58th Street | D St | 2020 | 6,007 | 0.31 mi |
| Main Street | 2018 | 26,500 | 0.36 mi | |
| 58th St | A St | 2008 | 5,833 | 0.41 mi |
| Highbanks Rd | High Banks Rd | 2008 | 5,244 | 0.48 mi |
| Main Street | 57th St | 2021 | 30,209 | 0.48 mi |
| Main Street | S 58th St | 2020 | 27,563 | 0.49 mi |
| 66th St | Thurston Rd | 2020 | 840 | 0.53 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
