Krispy Kreme Investment
For Sale
Contact for pricing
530 NE 167th St, Miami, FL 33162
Single-tenant NNN investment with long-term income and growth potential.
Property Size3,576 SF
Price / SF$1,786
Days on Market140
Property Features for 530 NE 167th St
General Information
Standard status
Active
Size
3,576 SF
Class
A
Total Parking Spaces
13
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$309,900
Building Details
Year Built
2019
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Tampa
(954) 703-3602
Listed By:
Patrick Nutt · License #BK3120739
Source:
Crexi
Added: Mar 27
Changed: Aug 12
Last Checked: Aug 11 at 3:35PM
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.
This property presents an opportunity to acquire the Krispy Kreme property located at 530 NE. 167th Street. The property has operated for over 30 years and has 15 years remaining on the lease. This single-tenant investment is structured as an absolute NNN lease, offering a stable, long-term income stream. The property is located in a retail corridor with growth potential, benefiting from a high-traffic location with 24,000 vehicles per day. Nearby amenities include UHealth SoLé Mia and Greynolds Golf Course. Tenant synergy with Wawa customers contributes an estimated 10-20% of store sales. The lease includes scheduled rental increases and a corporate guarantee. The net operating income is $309,900.
Key Highlights
- 30+ year operating history with 15 years remaining on an absolute NNN lease, providing a stable, long‑term income stream.
- High‑traffic location with 24,000 VPD in a vibrant retail corridor with exponential growth potential.
- Net Operating Income (NOI) of $309,900 and a 4.70% cap rate.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,862
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33162, FL
45,277
Population
16,719
Households
2.7
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$55,993
Median Household Income
$31,848
Median Earnings
$1,535
Median Rent
$345,000
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?
Grocery and convenience store - Single-tenant NNN investment with long-term income and growth potential.
Where is this grocery and convenience store located?
The property is located at 530 NE 167th St Miami, FL.
What is the asking price?
The asking price for this property is $6,390,000.
What are key features of this property?
This property features: 30+ year operating history with 15 years remaining on an absolute NNN lease, providing a stable, long‑term income stream.; High‑traffic location with 24,000 VPD in a vibrant retail corridor with exponential growth potential.; Net Operating Income (NOI) of $309,900 and a 4.70% cap rate.
