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| Price $4,910,000 | Built/Renov 2024 | Tenant Pediatric Associates |
| Cap Rate 5.50% | Lease Type
NN+ | Guarantor Corp Rated |
| Size/SF
6,000
| Lease Start
05-09-2024
| #Units
38
|
| Price/SF $818.33 | Expiration
05-31-2034
| Tenant Type Medical/Health |
| NOI $270,000 | R. Term 9.6 | Ownership Fee Simple |
| Rent/SF
$45.00
| Increases 3.0%/1/yrs | Pop 5Mi 192,945 |
| Lot/AC 0.98 | Options 2/5yrs/3% | AHHI 5Mi $75,474 |
| | |
Pediatric Associates is strategically located on NE 9th Court, with access to a robust daily traffic count of 75,600 vehicles. The property serves as an outparcel to Target and is adjacent to Homestead Pavilion, a power center anchored by Sprouts Farmers Market. The immediate area is surrounded by other well-known national tenants, including Kohl’s, TJ Maxx, Planet Fitness, Ross Dress for...
...New construction
Build to suit
Near major nationals
Shopping Ctr out-parcel
Top 100 MSA
Income tax free state
Brand new lease
Favorable NN+ lease
Annual rent increases
Corporate Guarantee
Pediatric Associates is Florida’s largest privately owned primary care pediatric practice offering families comprehensive services, including X-ray and state-certified laboratories. They are open...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 19,707 | 130,651 | 203,709 |
| 2024 Total Population : | 20,251 | 129,835 | 199,264 |
| 2024 Employed Civilian Pop : | 9,476 | 64,856 | 96,603 |
| 2024 Total Businesses : | 404 | 3,190 | 4,613 |
| 2024 Average Household Income : | $ 94,448 | $ 85,305 | $ 83,684 |
| 2024 Total Consumer Spending : | $ 479 M | $ 3058 M | $ 4540 M |
| 2024 Median Age : | 36 | 35 | 35 |
| 2024 Total Households : | 5,804 | 40,536 | 61,361 |
| 2024 Pop Age 25+: Bachelor's Degree : | 2,116 | 14,444 | 20,481 |
| 2024 Average Home Value : | $ 493,567 | $ 473,648 | $ 472,959 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| SW 152nd Ave | 2022 | 9,600 | 0.17 mi | |
| SW 312th St | SW 152nd Ave | 2009 | 19,600 | 0.27 mi |
| Southwest 312th Street | NE 30th Ave | 2022 | 33,000 | 0.33 mi |
| NE 26th Ave | 2022 | 6,700 | 0.42 mi | |
| NE 4th St | 2022 | 2,000 | 0.46 mi | |
| Newton Rd | 2022 | 16,000 | 0.53 mi | |
| W Dade Expy | SW 312th St | 2009 | 33,800 | 0.61 mi |
| NE 3rd Ct | 2022 | 2,000 | 0.61 mi | |
| Southwest 152nd Avenue | SW 298th Ter | 2022 | 10,000 | 0.64 mi |
| Homestead Extension of Florida's Turnpike | SW 312th St | 2021 | 50,500 | 0.83 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
