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Turnpike Square 14801 Bethune Drive, Miami, Florida, 33176

 
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Verified : 2/1/2016 Active

Turnpike Square 14801 Bethune Drive, Miami, Florida, 33176

$7,000,000.00   / ForSale

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Property Highlights

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$7,000,000.00
Sale Price:
$7,000,000.00
Price/SF:
Unlisted
CAP Rate (%):
Unlisted
NOI:
Unlisted
Net Lease:
Unlisted
Gross Leasable Area (SF):
Unlisted
Total Lot Size (SF):
67,954
Occupancy (%):
Unlisted
Population Range:
Unlisted
Household Income:
Unlisted
Traffic Counts:
Unlisted
County:
Miami Dade
Zoning:
BU-3: Liberal Business District
Market:
Unlisted
Submarket:
Unlisted
Lot:
Unlisted
Block:
Unlisted
Bldg. Size:
7,385
Net Rental Area:
Unlisted
Number Of Floors:
Unlisted
Number Of Units:
6
Year Of Build:
2009
Year Of Renovation:
Unlisted
Vacant SF:
Unlisted
Price/SF:
Unlisted
Parcel Number:
Unlisted
Tenancy Type:
Unlisted
Construction Status:
Unlisted
Construction Type:
Unlisted
Sprinkler:
Unlisted
Owner Occupied:
Unlisted
Parking Ratio:
Unlisted
Parking Cost:
Unlisted
Mass Transit:
Unlisted
CAM:
Unlisted
Utilities:
Unlisted
Price Per Acre:
Unlisted
Divisible:
Unlisted
Divisible Min:
Unlisted
Divisible Max:
Unlisted
Property Taxes:
Unlisted

Property Description

JUST LISTED FOR SALE! Turnpike Square is a well-located service station and retail center in southern Miami-Dade County. The center is situated on a Florida Turnpike ramp and enjoys an average traffic count of 163,500 (AADT). The Shell gas station includes a canopy roughly measuring 24' x 136' which covers all five triple product dispensers, allowing for 10 vehicles to be serviced at one time. There are two 12,000-gallon and one 10,000-gallon underground double-wall fiberglass tanks. The station also includes a Stage II Vapor Recovery System, with piping monitoring wells and nozzles and an electronic computer system, security cameras and monitors. The station includes a 3,510 SF convenience store which currently operated under a short-term agreement. Upon sale the current operated can be retained under a similar agreement or replaced. The site also includes an 7,350 SF retail center, which is currently fully leased to a well- established private school. Originally constructed in 2007, this freestanding building at the back of the subject property is currently being renovated for this tenant, with expected occupancy in 2016. For complete financials please email the attached confidentiality agreement to Harrison@svnsouth.com.

Location Description

The property has great visibility from the Turnpike with daily traffic counts (AADT) of 163,500 and local street traffic of 33,000 AADT. It is ideally located at the northbound on-ramp of the Florida Turnpike. The service station is located near the corner of SW 117th Ave and 152nd St in a rapidly growing Miami sub-market. The neighborhoods of Pinecrest, South Kendall, Perrine, Palmetto Bay, and Cutler Bay are all in close proximity. Local area venues include Zoo Miami, Miami Dade College's Kendall Campus, Miami Executive Airport, Jackson South Hospital, Palmetto Golf Course and The Falls shopping mall.