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Chick-fil-A NNN Property
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18240 S Dixie Hwy, Miami, FL 33157

Long-term leased property with corporate lease support and scheduled contractual rent increases.

Property Size5,908 SF
Price / SF$1,533
Days on Market110

Property Features for 18240 S Dixie Hwy

General Information

Standard status Active
Size 5,908 SF
Class A
Total Parking Spaces 58
Property subtype Retail
Zoning Commerical
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $385,000

Building Details

Year Built 2024
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: SRS Real Estate Partners Tampa
Listed By: William Wamble · License #SL3257920
Source: Crexi
Added: May 12 Changed: Aug 29 Last Checked: Jul 17 at 1:35AM

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 SRS Real Estate Partners Tampa

Investment Insights

Based on property information with market context.

The 5,908-square-foot property at 18240 S Dixie Hwy in Miami, Florida is subject to a newly executed 15-year lease associated with Chick-fil-A, Inc. The lease includes 10 additional five-year extension options.

Contractual rent increases are set at 9% every five years during the initial term and again at the start of each extension period. Chick-fil-A, Inc. provides the corporate signature and operates more than 3,000 locations nationwide.

Key Highlights

  • 5,908‑square‑foot property at 18240 S Dixie Hwy, Miami, FL 33157
  • Brand‑new 15‑year lease
  • 10 (5‑year) options to extend

Property Analytics

Current Use

613Judaica (Bike/Boat/Book/etc) Store Burger King 8 Parking Lot & Garage Aspaclaria Judaica & Wine (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Wine and Liquor Store Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,889
Businesses Nearby

Demographics for 33157, FL

68,069
Population
23,176
Households
2.9
Avg Household Size
42
Median Age
33%
College-Educated
86%
High-School Grad
14.9 sq mi
ZIP Area
4,568
Density / Sq Mi
$80,364
Median Household Income
$38,803
Median Earnings
$1,493
Median Rent
$478,300
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Long-term leased property with corporate lease support and scheduled contractual rent increases.
Where is this nnn property located?
The property is located at 18240 S Dixie Hwy Miami, FL.
What is the asking price?
The asking price for this property is $9,059,000.
What are key features of this property?
This property features: 5,908‑square‑foot property at 18240 S Dixie Hwy, Miami, FL 33157; Brand‑new 15‑year lease; 10 (5‑year) options to extend
(954) 302-7365 Call to check price and availability
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