Farm Store – Miami

3270 NW 7th Street,

Miami, FL 33125

Price:

$1,356,521

Number of Buildings:

1

Number of Stories:

1

Years Built:

1960

Zoning

T6-8-O

Living Area:

864 Square Feet

Lot Size:

8,060 Square Feet

HVAC:

Central Air Conditioning

Cap Rate:

5.75%

INVESTMENT OVERVIEW

TENANT OVERVIEW

Farm Stores – A Pioneer in the Drive-Thru Convenience Market

Founded in 1935, Farm Stores has been a trusted name in convenience retail for nearly 90 years.
A hybrid of bakery, grocery, and quick-service, offering fresh products with unmatched speed.
Rapid franchise expansion across Florida and beyond, ensuring brand growth and stability.

Resilient & Growing Business Model

Pandemic-proof and recession-resistant, positioned within the $700B convenience retail industry.
Strong consumer loyalty, catering to high-demand essentials like fresh groceries, bakery items, and beverages.

Drive-Thru Retail – The Future of Convenience Shopping

Capitalizing on evolving consumer preferences for speed, efficiency, and contactless service.
Minimal overhead & efficient operations allow for strong unit economics and profitability.

INVESTMENT HIGHLIGHTS

ABOUT THE INVESTMENT

New 10-Year NNN Lease with No Landlord Responsibilities – Ensuring hassle-free, stable income for investors.
Corporate Lease Guarantee – Strong credit-backed lease from an established brand.
Annual 3% Rent Escalations – Built-in rent increases provide predictable revenue growth.
Proven Drive-Thru Concept in a High-Traffic Location – Positioned for success with over 28,500 VPD on NW 7th St.
Part of a Booming $700 Billion Convenience Retail Industry – Positioned within a fast-growing segment with strong demand.
Resilient Tenant with Multi-Decade Brand Recognition – Farm Stores has thrived for over 85 years, proving recession-resistant.

ABOUT THE LOCATION

Prime Miami Location with 28,500+ Vehicles Per Day (VPD) – High visibility and strong drive-thru potential.
Surrounded by a Dense, High-Income Population – Over 284,888 residents & 340,285 employees within a 3-mile radius.
Affluent Demographics Driving Strong Consumer Demand – Average HH income of $84,270 within a 5-mile radius.
Strategic Proximity to Major Retail & Residential Developments – Minutes from Brickell, Miami Marlins Stadium, and Dolphin Expressway.
High Barrier to Entry Market with Strong Property Appreciation – Limited commercial space availability ensures lasting value.

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