Pinecrest Chick-fil-A Ground
For Sale
Contact for pricing
Pending
13001 S Dixie Hwy, Miami, FL 33156
New 15-year NNN ground lease in affluent Pinecrest, Florida.
Property Size3,585 SF
Days on Market222
Property Features for 13001 S Dixie Hwy
General Information
Standard status
Pending
Size
3,585 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$410,000
Building Details
Year Built
2024
Tenancy
Single
Listing Agency:
Marcus & Millichap - Fort Lauderdale
(561) 706-9646
Listed By:
Alan Lipsky · License #FL SL3279054
Source:
Crexi
Added: Jan 13
Changed: Aug 22
Last Checked: Aug 22 at 12:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Fort Lauderdale
Investment Insights
Based on property information with market context.
This property in Pinecrest, Florida, part of the Miami metropolitan area, presents an opportunity to acquire a Chick-fil-A location. The property features a new 15-year triple net ground lease with 10, five-year tenant renewal options. The lease includes eight percent rent increases every five years throughout the base term and option periods. This is a recently opened, brand-new location. The property includes a walk-up window, a new concept being utilized by Chick-fil-A in densely populated submarkets. Chick-fil-A is the largest chicken chain in the country, and the third-largest restaurant chain. The brand generated $18.8 billion in sales in 2022. The company has more than 3,000 restaurants in 48 states, Washington, D.C., Puerto Rico and throughout Canada, with plans to expand into Europe and Asia by 2030. Pinecrest is home to more than 18,000 residents and is one of Miami-Dade’s most affluent municipalities with an average market value of homes at nearly $1.7 million. The average household income within one mile of the property is $155,587, and $157,389 in three miles. The property has excellent access and visibility to more than 68,000 vehicles daily on Dixie Highway (Pinecrest Parkway). This Chick-fil-A is 12 miles from Downtown Miami and Brickell, Miami’s financial center. Over 20 elementary, middle and high schools are within five miles, serving nearly 20,000 students. The property is within walking distance of the Macy’s Furniture Store in Pinecrest, which was recently purchased by The University of Miami for $40 Million and plans to expand their clinics. The property size is 3,585 square feet.
Key Highlights
- New 15‑year triple net ground lease with Chick‑fil‑A, offering stable, long‑term income.
- Eight percent rent increases every five years throughout the base term and option periods.
- Located in Pinecrest, an affluent area of Miami with high average household incomes and expensive homes.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,300
Businesses Nearby
Explore this area
Business Placement
Demographics for 33156, FL
34,036
Population
13,215
Households
2.6
Avg Household Size
42
Median Age
66%
College-Educated
97%
High-School Grad
13.9 sq mi
ZIP Area
2,449
Density / Sq Mi
$134,720
Median Household Income
$66,117
Median Earnings
$1,936
Median Rent
$1,063,100
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - New 15-year NNN ground lease in affluent Pinecrest, Florida.
Where is this drive through restaurant located?
The property is located at 13001 S Dixie Hwy Miami, FL.
What is the asking price?
The asking price for this property is $10,250,000.
What are key features of this property?
This property features: New 15‑year triple net ground lease with Chick‑fil‑A, offering stable, long‑term income.; Eight percent rent increases every five years throughout the base term and option periods.; Located in Pinecrest, an affluent area of Miami with high average household incomes and expensive homes.
