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About This Home
This 0-bedroom, 0-bathroom commercial at 713 W Palm Drive in Florida City, FL is listed for $13,800,000 ($454 per sqft). Built in 2011, the home offers 30,421 sqft of living space on a 2.94 acres lot.
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.
Key Features
- Built in 2011
- 2.94 acre lot
- 3 stories
- 73 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$73,805/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
713 W Palm Drive
Florida City, FL
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 713 W Palm Drive is listed at $13,800,000 ($454/sqft). The estimated monthly payment is $59,800 based on 20% down at 6.5% interest.
Key features include: Built in 2011, 2.94 acre lot, 3 stories, 73 parking spaces.
This property is listed by Brad Kuskin and can be reached at 5612327899 or brad.kuskin@compass.com.