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| Price $13,289,000 | Built/Renov 2023 | Tenant Tesla |
| Cap Rate 6.50% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
39,521
| Lease Start
12-01-2023
| #Units
1,208
|
| Price/SF $336.25 | Expiration
11-30-2033
| Tenant Type Automotive |
| NOI $863,771 | R. Term 8.10 | Ownership Fee Simple |
| Rent/SF
$21.86
| Increases 10.0%/5/yrs | Pop 5Mi 76,216 |
| Lot/AC 4.08 | Options 3/5yrs/10% | AHHI 5Mi $122,686 |
| | |
Tesla Service Center is strategically located on North Burdick Street, with access to 13,456 vehicles passing by daily. The property is next to its junction with Highway 5 (21,307 VPD), which connects to US-481 (59,226 VPD). Additionally, it is within proximity to Mercedes-Benz of Syracuse and Romano Ford. Major retail centers in the vicinity include Towne Center at Fayetteville, anchored by...
...New construction
Build to suit
Near major nationals
Strategically located
Top 100 MSA
Affluent AHHI $100K 5 Mi
Favorable NN+ lease
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 : | 4,852 | 26,114 | 73,138 |
| 2024 Total Population : | 4,975 | 26,759 | 75,032 |
| 2024 Employed Civilian Pop : | 2,855 | 14,201 | 38,514 |
| 2024 Total Businesses : | 373 | 1,487 | 3,200 |
| 2024 Average Household Income : | $ 127,424 | $ 139,182 | $ 125,044 |
| 2024 Total Consumer Spending : | $ 279 M | $ 1373 M | $ 3400 M |
| 2024 Median Age : | 51 | 47 | 43 |
| 2024 Total Households : | 2,525 | 11,428 | 31,275 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,288 | 5,235 | 13,118 |
| 2024 Average Home Value : | $ 270,920 | $ 294,200 | $ 298,615 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| North Burdick Street | Towne Dr | 2021 | 11,556 | 0.03 mi |
| North Burdick Street | Taylor Rd | 2018 | 13,458 | 0.17 mi |
| Kennedy St | 2021 | 15 | 0.34 mi | |
| Kennedy St | 2021 | 12 | 0.38 mi | |
| West Genesee Street | Highbridge St | 2021 | 24,359 | 0.55 mi |
| Mill St | 2021 | 3,384 | 0.56 mi | |
| Mechanic St | 2021 | 190 | 0.57 mi | |
| Fayette Dr | Palmer Dr | 2004 | 720 | 0.57 mi |
| North Manlius Road | Green Lakes Rd | 2021 | 3,899 | 0.59 mi |
| Highbridge St | 2021 | 188 | 0.64 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
