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45Th Ave Miami, FL 33126

Sponsored
For Sale
$10,433,333

High-yield 7-Eleven, Miami, FL

Property size:
4,688 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a brand-new (2023) 4,688 square foot 7-Eleven convenience store located at the northwest corner of NW 7th Street and NW 45th Avenue in Miami, Florida, zip code 33126. The property sits on a one-acre lot in a high-density infill market with over 622,000 residents within a five-mile radius. This flagship location benefits from its proximity to Miami International Airport and the rental car center, ensuring high visibility and consistent traffic. Situated on a signalized hard corner of heavily trafficked NW 7th Avenue, the property enjoys a daily traffic count exceeding 31,500 vehicles. The lease is a triple-net (NNN) agreement with a corporate guarantee from 7-Eleven, providing significant security for the investor. The initial lease term is 15 years, with four, five-year renewal options, and includes a 10% rent increase every five years. The asking price is $10,433,333, representing a 4.50% cap rate. Fee-simple ownership allows for accelerated depreciation, maximizing the investment's tax advantages. Nearby national retailers include Publix, McDonald's, Burlington, First Watch, Walgreens, Burger King, TD Bank, Office Depot, CVS, Starbucks, Panda Express, and IHOP, further solidifying the area's strong retail environment. This is a turnkey investment with zero landlord responsibilities, offering a compelling combination of strong tenant, prime location, and attractive financial returns.

Property Features for 0 45Th Ave

General Information

Property type
Individual retail properties
Square Feet
4,688 SF
Lot Size
43,560 SF

Building Details

Year Built
2023

HighLights

  • Brand new (2023) 7‑Eleven, offering zero landlord responsibilities and 10% rent increases every five years throughout the initial 15‑year term and four, 5‑year options.
  • Flagship 7‑Eleven location in Miami, FL.
  • High‑density location, serving over 622,000 residents within a 5‑mile radius.
  • Excellent location near Miami International Airport and rental car center.
  • Hard‑corner location on heavily trafficked NW 7th Avenue (31,500+ vehicles daily).
  • Fee‑simple ownership allows for accelerated depreciation.
Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Map

City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.2695251
Latitude
25.7787234

FAQs

What type of property is this?
Individual retail property - High-yield 7-Eleven, Miami, FL
Where is this individual retail property located?
The property is located at 45Th Ave Miami, FL.
What is the asking price?
The asking price for this property is $10,433,333.
What are key features of this property?
This property features: Brand new (2023) 7-Eleven, offering zero landlord responsibilities and 10% rent increases every five years throughout the initial 15-year term and four, 5-year options.; Flagship 7-Eleven location in Miami, FL.; High-density location, serving over 622,000 residents within a 5-mile radius.
More about this property
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