713 W Palm Drive, Florida City, FL Not Provided

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List Price
$10,900,000
Days on Market
223
Price Change
▼ $2,900,000 1784741332
MLS#
B26008399
Year Built
2011
Acres
2.94
Building Name
Florida City Centre Campus
MLS Area Major
2780

Property Description

Rare single tenant NNN educational investment in Florida City's explosive South Dade growth corridor. 30,421 SF purpose built, three story K12 campus leased to Advanced Achievers Academy, a Step Up For Students scholarship recipient in continuous occupancy since 2015. Absolute NNN lease with 3% minimum annual escalations and a 15 year renewal option. Tenant pays all taxes, insurance, maintenance, and utilities. Offering includes a contiguous 1.47 acre expansion parcel with engineered plans approved for an identical mirroring facility, doubling campus capacity to 60,000+ SF. Institutional construction: steel reinforced concrete, hurricane impact glass, concrete tile roof. Less than 1 mile from Route 1 and the Ronald Reagan Turnpike. Please do not disturb tenant. All tours must be scheduled.

Additional Information

Taxes
$124,312
Zoning
6100
Utilities
Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Roof
Concrete
Foundation
Block

Listing courtesy of Compass Florida LLC. Contact:

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