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    FOR SALE
    Office buildings

    15055 NW 7Th Ave, Miami, FL 33168

    7,503 SF 0.61 ac lot Built 1980
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US18-1534802
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a brand-new, 1,430-square-foot Take 5 Oil Change located in Miami, Florida, at 15055 NW 7th Ave, 33168. The property boasts a fee-simple ownership structure with a 15-year absolute NNN ground lease, expiring June 30, 2039, offering significant long-term stability. The tenant, Take 5 Oil Change, is backed by a corporate guarantee from Driven Brands (NASDAQ: DRVN), minimizing landlord responsibilities. The property features a 5.00% cap rate and a strong NOI of $93,000, with a current asking price of $1,860,000 ($1,300.70/sq ft). The lease includes a 10% rent increase every five years, ensuring consistent income growth. Situated on a 0.43-acre lot, this single-story, Class A building benefits from a prime location near Interstate 95, boasting exceptional visibility due to its position on a signalized hard corner. The high-traffic area sees 251,000 vehicles per day, and the surrounding area has a dense population (190,000 within 3 miles) and high average household income ($69,000 within 1 mile). The property is conveniently located across from an active Winn-Dixie (Aldi) shopping center, further enhancing its appeal. This is a rare opportunity to acquire a low-maintenance, high-return investment in a thriving Miami location, in a state with no income tax. The property is built in 2024.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1980
    Construction CONCRETE
    Total area 7,503 SF
    Lot 0.61 ac (26,620 SF)
    Zoning code 6100:COMMERCIAL,NEIGHBRHD
    APN 30-2113-003-1080
    UPID US18-1534802
    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
    Current use
    Occupant on record · Public records
    • Murphy USA Grocery & Convenience Store
    • Murphy Express Gas Station
    • Florida Commercial Security Services Security Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.24M
    CAP Approach CAP
    $3.53M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.01M
    Owner & transaction history
    7th & 151st LLC · 4 yrs held
    7th & 151st LLC
    since 2021
    Last sale
    $2.5M
    2 recorded transactions
    2021
    $2.5M
    2015
    $850,000
    Zoning & alternative use
    6100:COMMERCIAL,NEIGHBRHD · Miami, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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