Florida City Educational Investment
713 W Palm Dr Florida City, FL 33034
713 W Palm Dr, Florida City, FL, 33034
$13,800,000
For Sale
$13,800,000
Single tenant NNN K12 campus with expansion potential.
Property Size30,421 SF
Lot Size1.47 Acres
Price / SF$453.63
Days on Market110
Property Features for 713 W Palm Dr
General Information
- Standard status
- Active
- Size
- 30,421 SF
- Lot size
- 1.47 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2011
Listing Agency
Compass Florida LLC
(561) 232-7899
Listed by
Brad Kuskin · License #3333122
(561) 232-7899
Source
Elliman
Added: Mar 30 Checked: Jul 17 at 3:00 am
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 Compass Florida LLC
Investment Insights
Based on property information with market context.
This rare single tenant NNN educational investment is located in Florida City's South Dade growth corridor. The property features a 30,421 square foot, purpose-built, three-story K12 campus. It is leased to Advanced Achievers Academy, a Step Up For Students scholarship recipient, which has been in continuous occupancy since 2015. The absolute NNN lease includes 3% minimum annual escalations and a 15-year renewal option. The tenant is responsible for all taxes, insurance, maintenance, and utilities. The offering includes a contiguous 1.47-acre expansion parcel with engineered plans approved for an identical mirroring facility, potentially doubling the campus capacity to over 60,000 square feet. The construction is institutional, featuring steel-reinforced concrete, hurricane-impact glass, and a concrete tile roof. The property is located less than 1 mile from Route 1 and the Ronald Reagan Turnpike. The property is somewhat bikeable with a bike score of 41 and car-dependent with a walk score of 25.
Key Highlights
- Absolute NNN lease with 3% minimum annual escalations and a 15‑year renewal option, ensuring a stable and increasing income stream.
- Includes a contiguous 1.47‑acre expansion parcel with approved engineered plans to double campus capacity to over 60,000 SF.
- Single tenant K12 campus (Advanced Achievers Academy) in continuous occupancy since 2015, indicating tenant stability.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
NNN property - Single tenant NNN K12 campus with expansion potential.
Where is this nnn property located?
The property is located at 713 W Palm Dr Florida City, FL.
What is the asking price?
The asking price for this property is $13,800,000.
What are key features of this property?
This property features: Absolute NNN lease with 3% minimum annual escalations and a 15‑year renewal option, ensuring a stable and increasing income stream.; Includes a contiguous 1.47‑acre expansion parcel with approved engineered plans to double campus capacity to over 60,000 SF.; Single tenant K12 campus (Advanced Achievers Academy) in continuous occupancy since 2015, indicating tenant stability.