Farm Stores – NNN / Miami, FL

• Price: US $675,000
• Property Type: Free Standing (1 Tenant)
• Occupancy: 100%
• CAP:     6.4%
• Building Area: 788SF = 73m²
• Lot: 10,650SF = 989m²
• NOI: US $40,800 / annual
• Annual Expenses:  0 (Zero) NNN – Tenant responsible for all expenses including insurance and property tax
• Contract Terms: 19 + years remaining on contract (Expiring October 31, 2037)
• Increases: 2% annual increases
• Extensions: 1 – 5  years options.
• Guarantor: Corporate Guarantee – Farm Stores has been around for nearly 60 years and is a combination of
• grocery store, bakery and restaurant. They provide a quick and easy way to pickup items that you
• need every day. There is aproximaly 70 stores throughout Florida.
• Extra: Newly Renovated Building. Farm Store has been the tenant of this property since 1966, serving as
• a very strong indication of the tenant’s success.
• Location: Store is strategicaly located and well positioned on Colonial Drive, just west of US.Highway 1 in
• Miami, Florida.