About 713 W Palm Drive
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.
Features of 713 W Palm Drive
| MLS® # | B26008399 |
|---|---|
| Price | $13,800,000 |
| Acres | 2.94 |
| Year Built | 2011 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 713 W Palm Drive |
|---|---|
| Area | 2780 |
| City | Florida City |
| County | Miami-Dade |
| State | FL |
Amenities
| Utilities | Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | Common, Guest, Accessible Parking |
Interior
| Heating | Central Building |
|---|---|
| Cooling | Central Air, Central Building |
| # of Stories | 3 |
Exterior
| Roof | Concrete |
|---|---|
| Construction | Stucco, Concrete Block - No Stucco |
Additional Information
| Zoning | 6100 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass Florida LLC |
|---|