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| Price $3,359,186 | Built/Renov 1967 | Tenant Vesuvius |
| Cap Rate 7.00% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
64,521
| Lease Start
12-01-2018
| #Units
135
|
| Price/SF $52.06 | Expiration
11-30-2028
| Tenant Type Industrial |
| NOI $235,143 | R. Term 4.0 | Ownership Fee Simple |
| Rent/SF
$3.64
| Increases 2.0%/1/yrs | Pop 5Mi 84,770 |
| Lot/AC 11.99 | Options 2/5yrs/2% | AHHI 5Mi $67,300 |
| | |
Vesuvius is strategically located on Elm Street. The 64,251 SF property consists of two building and is situated on an expansive 11.99-acre lot. The site consists of 10% office space and contains 1 dock and 1 drive-in door. Vesuvius enjoys a prime location, positioned just one mile north of the intersection of Interstate 40 and Interstate 85, where there is a significant daily traffic count of...
...In location for years
Freeway close
Top 100 MSA
Population increase trend
Long operation history
Below Market Rent
Absolute NNN
Annual rent increases
Corporate Guarantee
Publicly traded company
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 5,307 | 38,462 | 87,995 |
| 2023 Total Population : | 5,362 | 37,935 | 84,770 |
| 2023 Employed Civilian Pop : | 2,297 | 15,544 | 37,775 |
| 2023 Total Businesses : | 123 | 1,420 | 2,901 |
| 2023 Average Household Income : | $ 54,200 | $ 58,519 | $ 67,360 |
| 2023 Total Consumer Spending : | $ 104 M | $ 789 M | $ 2038 M |
| 2023 Median Age : | 37 | 38 | 39 |
| 2023 Total Households : | 2,195 | 15,348 | 34,545 |
| 2023 Pop Age 25+: Bachelor's Degree : | 565 | 3,449 | 9,826 |
| 2023 Average Home Value : | $ 239,113 | $ 189,157 | $ 220,225 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| NC 49 (ELM ST) | Spanish Oaks Ct | 2020 | 4,800 | 0.12 mi |
| East Elm Street | E Parker St | 2019 | 6,400 | 0.24 mi |
| Trollinger Road | Carter Rd | 2019 | 2,500 | 0.33 mi |
| Trollinger Rd | E Elm St | 2003 | 3,000 | 0.34 mi |
| Walker Avenue | Moser St | 2019 | 2,200 | 0.66 mi |
| West Main Street | Hill St | 2021 | 2,600 | 0.69 mi |
| SR 1801 (W MAIN ST) | Birch Dr | 2020 | 2,600 | 0.69 mi |
| East Parker Street | White St | 2019 | 5,000 | 0.69 mi |
| Albright Avenue | E Elm St | 2019 | 400 | 0.70 mi |
| N Church St | Haw River Byp | 2003 | 16,000 | 0.72 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
