
$13,800,000 USD
Office for Sale, 713 W Palm Drive, Florida City, Florida
- MLS#B26008399
Listed By Compass Florida LLC
The Office for Sale located at 713 W Palm Drive, Florida City, Florida is currently for sale. 713 W Palm Drive, Florida City, Florida is listed for $13,800,000.
Property features
Lot/Land
- Lot description: Fenced
Construction
- Year built: 2011
- Roofing: Concrete
- Construction: Concrete/Block
Parking/Garage
- Parking description: Guest ParkingCommon Lot
Security
- Features: Carbon Monoxide DetectorSprinkler SystemFire AlarmClosed Circuit TV
Heating and Cooling
- Heating system: Central (building)
- Cooling system: Central AC
Utilities
- Other utilities: PublicPublic 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