2500 SW 64th Avenue

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2500 SW 64th Avenue

Davie, FL 33317
Asking Price
Contact for price
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Absolute NNN Wawa | Densely Populated S. Florida Location | Davie, FL <ul><li>​14 years remaining with (6) five-year renewal options</li><li>​8% rent increases every 5 years including options (first increase in 2031)</li><li>​Davie is one of South Florida's most sought-after retail and residential markets</li><li>​Densely populated trade area supported by 382,000 residents and 163,000 employees</li><li>​Strategically located off Interstate 95 (229,000 VPD) and Florida's Turnpike (157,600 VPD)</li><li>​Absolute NNN ground lease with NO landlord responsibilities</li

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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