Space Coast Credit Union - Miami, FL_Actifs en vente

19455 South Dixie Highway, Cutler Bay, FL, 33157, US

Space Coast Credit Union - Miami, FL

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the Space Coast Credit Union (“SCCU”) located at 19455 S Dixie Highway in Cutler Bay, Florida (“Property” or “Asset”). SCCU is operating on an absolute NNN lease with ±13.3 years of primary lease term remaining, 2.0% annual rent escalations, three, five-year renewal options and zero landlord responsibilities.

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Caractéristiques de l'actif

Prix attendu

3 362 000 €

Taux de capitalisation

5,75 %

Revenu net

194 000 €

WALT

13.3 années

Surface de l'actif Net

246 m²

Taille du terrain Brut

0,24 hectare

Média

Points clés d'investissement

Operating on an absolute NNN lease with ±13.3 years of primary lease term remaining and 2.0% annual rent escalations
Space Coast Credit Union is the 3rd largest credit union in FL with $8B+ in assets
Positioned in a dense retail node that genereates 9.2 million visits annually
Strong demand characteristics driven by 12% population growth since 2010 and AHHI of $115K within a 3-mile radius
Cutler Bay is a strong retail market with 1.4% vacancy and 19% rent growth
Along major thoroughfare in Cutler Pay wtih direct accessability to 223,500 VPD