Contacts

Ernesto Casal

Casal

(305) 591-3606

Property Details

Property Type Retail
Property Size 80,763 SF
Lot Size 1.9 Acre
Cap Rate % 5.5
NOI / YR 170812.37
Zoning GP (Miami-Dade)
Date Updated Apr 1, 2024
Visibility/Traffic Count (VPD) 50,000

Casal Group is pleased to offer this RaceTrac retail net lease offering with superior frontage on NW 57th Avenue | Red Road and a centralized location in Miami, Florida. The property neighbors the busy AVE Aviation & Commerce Center and The Town of Miami Lakes, and is accessed by many other neighboring businesses and residents.

Sharing the block with this retail property is a car dealership located at the opposite corner and and a proposed 3-story mini-storage facility next door.

This net lease sale offering is located within AVE Aviation & Commerce Center (AVE), a 178 acre master planned business park. AVE maintains a long-term leasehold interest in the land, leased from Miami-Dade County via the Miami Dade Aviation Department. The parcel offered is to be delivered with a master leasehold interest. The master lease has an expiration date of April 30, 2084.

Tenant Information

RaceTrac is an American chain of gasoline service stations based in Atlanta, GA. With revenue of $9.1 billion in 2013, and being named Best Place to Work by the South Florida Business Journal in 2012, RaceTrac has a reputation of treating both it’s customers, and employees with the highest standard in the business.

Expiration 3/10/2033

Current NOI $170,812.37

Increases 10% every 5 years

Renewal Option (4) 5 Year Options

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Getting around

28/100
Walk Score ®
34/100
Bike Score ®

Powered by Walk Score ®

Location

City Opa-locka, FL
Neighborhood Opa-Locka
Zip Code 33054
Market Miami

Points of Interest

Opa-Locka

2.41 miles
Miami

4.26 miles
Hialeah

4.35 miles
Metrorail Transfer

4.40 miles
Okeechobee

4.41 miles
Tri-Rail Transfer

4.45 miles
Palmetto

4.58 miles
Northside

4.77 miles
Golden Glades

4.82 miles
Dr. Martin Luther King, Jr.

5.81 miles

RaceTrac

0.00 miles
Chevron

1.27 miles
Shell

1.31 miles
Costco Gasoline

1.52 miles
Marathon

1.55 miles
Speedway

1.58 miles
Chevron

1.60 miles
Marathon

1.99 miles
Chevron

2.22 miles
Exxon

2.65 miles

Opa-Locka Park and Ride

2.38 miles
I 75 Park and Ride

4.87 miles
FEC Auto Loading/Unloading

6.09 miles
Student / Visitor Parking

6.79 miles
Faculty/Staff Parking

6.83 miles
Miramar Towne Center

6.84 miles
Miramar Shopping Center

6.87 miles
Self Parking

6.95 miles
Cell Phone Lot

7.03 miles
Spa Parking

7.07 miles

Chela's beer garden

1.28 miles
107 Taste

1.32 miles
Denny's Restaurant

1.89 miles
Chipotle

2.49 miles
University Inn

2.52 miles
La Carreta

2.67 miles
McDonald's

2.69 miles
China Express

2.72 miles
Wendy's

2.79 miles
Toy Shan

2.87 miles

Coast Guard Exchange

1.19 miles
CGX

1.21 miles
Brandsmart USA

1.88 miles
Walmart Supercenter

2.28 miles
Walmart Neighborhood Market

2.46 miles
Walmart Neighborhood Market

2.55 miles
Sedano's

2.69 miles
Westland Mall

2.90 miles
Aldi

2.92 miles
Winn-Dixie

3.22 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Map of Property

14201 NW 57th Avenue