10315 Usa Today Way, Miramar, FL 33025-3902

Exceptional investment opportunity: a 56,462 square foot, single-tenant school building in Miramar, Florida, is available for acquisition. This property boasts a 10.1-year remaining lease term (commencing December 16, 2022, and expiring December 31, 2034) with a credit-rated tenant, Adtalem Global Education (NYSE: ATGE, S&P: BB), a globally recognized education provider. The lease is a triple-net (NNN) lease with a 2.5% annual rent increase, providing predictable passive income. The building, constructed in 1986 and extensively renovated in 2022, sits on a 7-acre lot and includes 309 parking spaces (a market-leading 5.2 per 1,000 square feet ratio). The property features upgraded elevators, restrooms, common areas, and new HVAC units. The tenant has invested over $12.5 million in improvements. The building serves as a regional headquarters, housing Chamberlain University Nursing School, executives, and regional leadership for Adtalem's Caribbean operations. This mission-critical location benefits from its proximity to major hospitals and a large population base (2.4 million within a 30-minute drive). The property includes three 5-year lease extension options, further enhancing its long-term value. This is a rare opportunity to acquire a high-quality, NNN-leased asset in a prime South Florida location, capitalizing on the projected nursing shortage in the state. The building is 100% occupied and generates a net operating income (NOI) of $1,446,839. The property is located at 10315 USA Today Way, Miramar, FL 33025.