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| Price $11,425,000 | Built/Renov 2023 | Tenant Tesla |
| Cap Rate 5.50% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
36,777
| Lease Start
08-12-2023
| #Units
1,208
|
| Price/SF $310.66 | Expiration
08-31-2033
| Tenant Type Automotive |
| NOI $628,393 | R. Term 8.9 | Ownership Fee Simple |
| Rent/SF
$17.09
| Increases 10.0%/5/yrs | Pop 5Mi 224,456 |
| Lot/AC 3.00 | Options 2/5yrs/10% | AHHI 5Mi $115,440 |
| | |
Tesla Collision Center is strategically located on the signalized, hard corner intersection of West 101st Terrace and Lackman Rd. The property is adjacent to the I-435 arterial, with a traffic count of 110,000 VPD, and is conveniently situated near its junction with I-35 (104,000 VPD). Additionally, the site benefits from its proximity to major employers, including the Dr Pepper Snapple Group,...
...New construction
Signalized intersection
Hard corner intersection
Strategically located
Freeway visibility
Top 100 MSA
Strong demographics
Traded and rated company
Corporate Guarantee
Investment grade tenant
Tesla, Inc. is an American electric vehicle and clean energy company. They specialize in electric vehicle manufacturing, battery energy storage from home to grid-scale, and solar panel and solar...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 765 | 77,883 | 232,744 |
| 2024 Total Population : | 764 | 74,858 | 226,727 |
| 2024 Employed Civilian Pop : | 506 | 43,025 | 130,210 |
| 2024 Total Businesses : | 587 | 4,647 | 10,883 |
| 2024 Average Household Income : | $ 121,577 | $ 123,863 | $ 125,314 |
| 2024 Total Consumer Spending : | $ 32 M | $ 3520 M | $ 10309 M |
| 2024 Median Age : | 38 | 39 | 38 |
| 2024 Total Households : | 313 | 32,639 | 94,487 |
| 2024 Pop Age 25+: Bachelor's Degree : | 189 | 18,761 | 55,061 |
| 2024 Average Home Value : | $ 304,064 | $ 363,517 | $ 384,197 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Lackman Rd | I- 435 | 2008 | 10,770 | 0.04 mi |
| 101st Ter | W 100th Ter | 2002 | 8,165 | 0.06 mi |
| Lackman Road | I- 435 | 2018 | 11,020 | 0.08 mi |
| West 101st Terrace | Lackman Rd | 2018 | 3,910 | 0.09 mi |
| Lackman Rd | W 101st Ter | 2008 | 8,249 | 0.10 mi |
| I- 435 | 2021 | 16,000 | 0.10 mi | |
| I- 435 | 2021 | 16,000 | 0.10 mi | |
| I- 435 | 2021 | 16,000 | 0.11 mi | |
| I- 435 | 2021 | 16,000 | 0.11 mi | |
| I- 435 | Lackman Rd | 2016 | 110,000 | 0.13 mi |
Waldorf, MD
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.11 yrs
Size/SF 15,700
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
