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| Price $6,585,366 | Built/Renov 1988 | Tenant Shell |
| Cap Rate 6.15% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
3,303
| Lease Start
02-27-2023
| #Units
100
|
| Price/SF $1,993.75 | Expiration
02-26-2043
| Tenant Type Convenience/Gas |
| NOI $405,000 | R. Term 18.3 | Ownership Fee Simple |
| Rent/SF
$122.62
| Increases 10.0%/5/yrs | Pop 5Mi 264,474 |
| Lot/AC 0.94 | Options 4/5yrs/10% | AHHI 5Mi $116,914 |
| | |
Shell is strategically located at the signalized, hard corner intersection of W Hillsboro Boulevard and NW 3rd Avenue, with access to a robust combined daily traffic count of 59,500 vehicles. The property is situated one block east of the Interstate 95 exit/entrance ramps, which sees 227,000 VPD. Neighboring national tenants include The Home Depot, McDonald’s, Dunkin’, The DoubleTree by...
...Signalized intersection
Hard corner intersection
High traffic 50M+ VPD
Freeway close
Top 100 MSA
Income tax free state
Long 15+ yr lease
Absolute NNN
Accelerated depreciation
100+ unit franchisee backed
Shell plc (NYSE: SHEL) is a British multinational oil and gas company formed in 1907 through the merger of the Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
