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Very Profitable Gas Statio Gas Sta Miami, FL 00000

Sponsored
For Sale
$1,999,999

Prime Miami location, high NOI, strong lease.

Property size:
5,473 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional Class A office property, totaling 5,473 square feet, presents a lucrative investment opportunity. Located in Miami, Florida, just minutes from Miami International Airport, this single-tenant property boasts a 100% occupancy rate across its 11 units. Built in 1967, the property includes a gas station, convenience store, cafeteria serving Latin cuisine, and a busy hand carwash. The convenience store features a large cooler and office space. Currently, the carwash and cafeteria are rented on a month-to-month basis, offering the new owner the potential to significantly increase net operating income (NOI) by operating these businesses themselves or continuing the current lease arrangements. The current NOI, with the carwash and cafeteria rented, is $367,000 annually. However, projections indicate that self-operation could easily push the NOI beyond $500,000 per year. A significant advantage is the owner's control over fuel pricing and margins, currently yielding 60-70 cents per gallon. The property benefits from a long-term lease expiring in 2038 with a renewal option, and the landlord is open to extending the lease for a qualified buyer. Recently, an electronic benefits transfer (EBT) system was installed. This property is situated in a prime redevelopment area near Miami International Airport, making it an exceptionally attractive investment. The asking price is $1,999,999, and the lease type is NNN. The lot size is not specified.

Property Features for Very Profitable Gas Statio Gas Sta

General Information

Property type
Office Properties & Spaces
Square Feet
5,473 SF
Class
A

Building Details

Year Built
1967
Units
11

HighLights

  • 5,473 SF Class A office building in Miami, FL, minutes from MIA.
  • 100% occupancy across 11 units, including gas station, convenience store, cafeteria, and hand carwash.
  • NNN lease with long‑term tenant (expires 2038 with renewal option).
  • Current NOI $367,000 annually; potential NOI exceeding $500,000 with self‑operation.
  • Asking price: $1,999,999.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Miami
County
Miami-Dade
State
Florida

FAQs

What type of property is this?
Office Property / Space - Prime Miami location, high NOI, strong lease.
Where is this office property / space located?
The property is located at Very Profitable Gas Statio Gas Sta Miami, FL.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 5,473 SF Class A office building in Miami, FL, minutes from MIA.; 100% occupancy across 11 units, including gas station, convenience store, cafeteria, and hand carwash.; NNN lease with long-term tenant (expires 2038 with renewal option).
More about this property
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