Farm Stores – Cutler Bay

20191 Old Cutler Road,

Cutler Bay, FL 33189

Price:

$2,300,000

Number of Buildings:

1

Number of Stories:

1

Years Built:

2000

Zoning

NC-1

Square Feet:

1,034 SF

Lot Size:

0.33 Acres

HVAC:

Central Air Conditioning

Cap Rate:

6.25%

INVESTMENT HIGHLIGHTS

Brand New 10-Year NNN Lease with Zero Landlord Responsibilitoes
6.25% Cap with Corporately Signed Lease
3% Annual Rent Increases in the Base Term & 3 (5-Year) Options
Plans for Additional/Adjacent Drive Thru
Farm Stores is a Pioneer of the Drive-Thru Convenience Store Concept
Farm Stores are part of a Growing $700-Billion Industry

EXCLUSIVELY LISTED BY

AARON O'CONNOR

First Vice President Investments
Fort Lauderdale Office
Tel: (954) 245-3518
License: FL SL 3143588
aaron.o'connor@marcusmillichap.com
Land / Redevelopment

JOSEPH THOMAS

Senior Managing Director Investments
Senior Director, National Multi Housing Group
Fort Lauderdale Office
Tel: (954) 245-3492
Fax: (954) 206-0420
License: SL FL 3174354
joseph.thomas@marcusmillichap.com