
$10,900,000 USD
Office for Sale, 713 W Palm Drive, Florida City, Florida 33034
- MLS#B26008399
Listed By Compass Florida LLC
The Office for Sale located at 713 W Palm Drive, Florida City, Florida 33034 is currently for sale. 713 W Palm Drive, Florida City, Florida 33034 is listed for $10,900,000.
Property features
Lot/Land
- Land/Lot size:
11,898 m² (128,066 ft²) - Lot description: Fenced
Construction
- Year built: 2011
- Roofing: Concrete
Security
- Features: Sprinkler SystemFire SprinklersFire Alarm
Heating and Cooling
- Heating system: Central (building)
- Cooling system: Central AC
Utilities
- Other utilities: PublicSewer Available Off SitePublic Sewer
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.
Location
713 W Palm Drive, Florida City, Florida 33034