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| Price $5,622,033 | Built/Renov 2000 | Tenant Kwik Kar |
| Cap Rate 5.85% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
9,621
| Lease Start
05-13-2022
| #Units
350
|
| Price/SF $584.35 | Expiration
05-31-2042
| Tenant Type Automotive |
| NOI $337,322 | R. Term 17.5 | Ownership Fee Simple |
| Rent/SF
$34.18
| Increases 2.0%/1/yrs | Pop 5Mi 333,886 |
| Lot/AC 1.83 | Options 4/5yrs/2% | AHHI 5Mi $151,179 |
| | |
This Kwik Kar property is prominently positioned along McDermott Dr, a significant thoroughfare with high visibility that sees roughly 31,290 vehicles per day. It is also roughly 1 mile from Sam Johnson Highway (139,156 VPD). Located near a major retail hub, with national tenants including, Target, Hobby Lobby, Tom Thumb, Petco, Staples, and more, the site benefits from a strong consumer draw...
...Build to suit
Near major nationals
Dense 200M+ pop 5 mi
Top 100 MSA
Affluent AHHI $100K 5 Mi
Income tax free state
Long 15+ yr lease
Absolute NNN
Annual rent increases
Corporate Guarantee
Kwik Kar offers the complete package of auto repair services and specializes in full-service oil changes, scheduled maintenance, state inspections, and many other automotive repair services. Kwik...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 16,893 | 130,418 | 345,305 |
| 2023 Total Population : | 15,899 | 124,639 | 333,886 |
| 2023 Employed Civilian Pop : | 9,518 | 69,024 | 177,574 |
| 2023 Total Businesses : | 651 | 4,037 | 9,356 |
| 2023 Average Household Income : | $ 172,461 | $ 150,813 | $ 151,179 |
| 2023 Total Consumer Spending : | $ 861 M | $ 5921 M | $ 15111 M |
| 2023 Median Age : | 35 | 36 | 37 |
| 2023 Total Households : | 5,897 | 46,251 | 118,101 |
| 2023 Pop Age 25+: Bachelor's Degree : | 4,441 | 29,558 | 84,156 |
| 2023 Average Home Value : | $ 507,368 | $ 456,313 | $ 450,040 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| S Alma Dr | W McDermott Dr | 2011 | 14,183 | 0.10 mi |
| W McDermott Dr | N Alma Dr | 2011 | 29,565 | 0.20 mi |
| W McDermott Dr | Waters Crossing Dr | 2011 | 32,893 | 0.30 mi |
| N Alma Dr | Rainforest Ln | 2011 | 16,875 | 0.32 mi |
| W McDermott Dr | Waters Crossing Dr | 2016 | 35,121 | 0.41 mi |
| West McDermott Drive | Waters Crossing Dr | 2018 | 31,886 | 0.41 mi |
| W Bethany Dr | Claire Ln | 2011 | 13,902 | 0.61 mi |
| W McDermott Dr | Watters Rd | 2009 | 33,580 | 0.61 mi |
| Tatum Dr | Bel Air Dr | 2004 | 960 | 0.64 mi |
| Bel Air Drive | Westwood Ct | 2020 | 638 | 0.64 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
