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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 45Th Ave Miami, FL 33126

4,688 SF 1 ac lot Built 2023
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 4,688 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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