11115 SW 132nd Ave Miami, FL 33186
Net leased McDonald’s with drive-thru in a high-traffic location.
Type:Retail
- Added:
- Jun 18, 2024
- Days on Market:
- 670
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 11115 SW 132nd Ave
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2015
Listing agent Gabriel Britti License #FL SL3211804
Listing office Marcus & Millichap - Issenberg Britti Group
Listing date Jun 18, 2024
Source Crexi
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 - Issenberg Britti Group
Overview
Miami McDonald's Net Leased Property
This net leased McDonald’s is located at 11115 SW 132nd Avenue in Miami, Florida, approximately 23 miles southwest of Downtown Miami. The property includes a free-standing building with a drive-thru. Situated as an outparcel to a renovated Publix-anchored center, the location benefits from visibility and access, with traffic counts exceeding 9,300 vehicles per day. The Publix-anchored center includes over 109,000 square feet of retail space with tenants such as YouFit Health Club, Chicken Kitchen, Chase, and Five Below. The Publix recently underwent a full rebuild of its 47,000-square-foot space, while the inline shops were fully renovated. The property is surrounded by residential neighborhoods in the West Kendall Submarket, a densely populated area in South Florida. The surrounding trade area includes Wendy’s, Dunkin, Wawa, Aldi, and Burger King. The McDonald’s lease, executed in 2015, has approximately 12 years of primary term remaining, with a 10 percent rent increase scheduled for November 2026 and every five years thereafter, including renewal options. McDonald’s Corporation has 40,801 locations throughout 100 countries, serving nearly 69 million people each day. As of June 30, 2023, McDonald’s Corporation generated $24.2 billion in TTM total revenues, $8.0 billion in TTM net income and $50.4 billion in total assets. The tenant under the Lease is McDonald’s USA, LLC, a wholly owned subsidiary of McDonald’s Corporation.
Location Intelligence
Current Use by Public Records
McDonald's
Restaurant
S&EFixing Glass Doors
Corporate Office
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.407651
- Latitude
- 25.663809
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Net leased McDonald’s with drive-thru in a high-traffic location.
Where is this drive through restaurant located?
The property is located at 11115 SW 132nd Ave Miami, FL.
What is the asking price?
The asking price for this property is $3,080,000.
What are key features of this property?
This property features: Absolute Net Leased McDonald's with ±12 years of primary term remaining.; Located as an outparcel to a highly trafficked and completely renovated Publix anchored center (+109,000 SF).; Rent increase of 10 percent in November 2026 and every five years thereafter, including renewal options.
