STADIUM PLAZA 19899 NW 27th Avenue Miami Gardens, FL 33056 OFFERING MEMORANDUM
FOR SALE Purchase Price | $6,300,000 100% Occupied THE OFFERING
One Investment Group, is the marketing broker for the sale of Stadium Plaza (“Property”), located at 19899 NW 27th Avenue Miami Gardens, FL 33056. Stadium Plaza is 100% leased to T-Mobile, Jerk Machine, H&R Block, Sky High and Aficionado's Premium Cigar Lounge. The property is located in a strategic location on the corner of NW 199th Street/Dan Marino Blvd and NW 27th Avenue. Stadium Plaza is a unique property, with great visibility. Stadium Plaza shadows Sun Life Stadium and Wal-Mart. This is a 44,964 SF corner lot with remarkable new construction of a 8,500 SF building with ample parking. Over 84,000 cars per day pass by this astonishing corner lot. INVESTMENT HIGHLIGHTS
Landmark Location — Stadium Plaza is locate on a stop light controlled intersection. Suited of the Southeast corner of NW 199th Street and NW 27th Avenue in Miami Gardens, FL. With easy access from major highways, over shadowing Sun Life Stadium home of the Miami Dolphins.
Convenient ingress/egress and highly visible signage — The Property offers two ingress/egress point on NW 199th Street and NW 27th Avenue. The site location offers terrific signage and incredible frontage that is visible to vehicles from either direction. STADIUM PLAZA | BUILDING INFO
FOUNDATION: The one-story building is slab on grade with steel reinforced poured concrete with steel “I” ams.
STRUCTURE: The perimeter walls are concrete block and painted stucco finish. The entire store front Windows and doors are Miami-Dade impact hurricane proof that are coded for 2006.
STOREFRONT: All the storefront windows and doors are Miami-Dade impact hurricane proof, that are Coded for 2014.
ROOF: The one story building is corrugated steel with a 2 inch light concrete, approved by the new standards for hurricane code enforcement department.
INTERIOR FINISH: Metal studs and drywall. The built out was done by Verizon and Pier One, which cost over a Million dollars to do.
ELEVATOR: None
FIRE PROTECTION: The buildings are fully sprinkled and centrally monitored 24/7.
LANDSCAPING: Subtropical, well-maintained, lush and mature native vegetation with a variety of trees shrubs and grass.
FLOOD ZONE: According to the Flood Insurance Rate Map, the site is within Flood Zone C, indicating area of “minimal flooding.”
ENVIRONMENTAL: The property was developed and finished in 2006 and there was no environmental affecting e property.
UTILITIES / SERVICE PROVIDERS: All typical utilities and services are available to the site, including water, sewer, electric, and telephone, cabal, high speed Internet, and solid waste disposal. STADIUM PLAZA | PROPERTY OVERVIEW
Address: 19899 NW 27th Avenue, Miami Gardens, FL 33056
Gross Leasable Area: 8,448 SF
Year Built: 2014
Lot Size: 44,964 SF
Occupancy: 100% Leased
Parking: 42 Parking Spaces
Price: Undisclosed
Zoning: Commercial Retail Shopping Center
DEMOGRAPHICS
1-MILE 3-MILES 5-MILES
2014 Estimated Population: 14,267 133,133 358,024
2012 Estimate Income: $53,061 $54,974 $56,795 PROPERTY PHOTOS SITE PLAN
SKY HIGH STADIUM PLAZA | INCOME & EXPENSE REPORT INCOME Total CAM Expenses
Annual - Base Rents $341,920.77 Legal & Professional Fees $1,000.00
Total Annual - Base Rents $341,920.77 Electric $1,800.00
Irrigation System $175.00
Reimbursement Expenses Lawn Care $7,200.00
Property Insurance Reimbursements $7,800.00 Management Fees $19,200.00
Real Estate Taxes Reimbursements $79,479.00 Supplies $1,574.63
CAM Reimbursements $44,619.92 Trash Removal $6,800.00
Total Expense Reimbursement $ 131,898.92 Water & Sewer $7,200.00
CAM Expenses $44,949.63
Total Gross Income $ 473,819.69
Property Insurance Expense $7,800.00
Real Estate Taxes $79,000.00
Total Expenses $ 131,749.63
Net Operating Income $342,070.06 STADIUM PLAZA | RENT ROLL
Tenat Unit # Sq Ft $/Sq Ft Monthly Rent Annual Rent $ CAM Monhtly CAM Monthly Total Sales Tax 7% Monthly Rent
Dunkin Donuts A 1,729 $ 42.00 $ 6,051.50 $ 72,618.00 $ 16.00 $ 2,305.33 $ 8,356.83 $584.97 $8,941.80
T-Mobil Stores B 1,173 $ 28.00 $ 2,737.00 $ 32,844.00 $ 16.00 $ 1,564.00 $ 4,301.00 $301.07 $4,602.07
H & R Block Enterprises, Inc C 1,173 $ 37.39 $ 3,655.53 $ 43,866.36 $ 16.00 $ 1,564.00 $ 5,219.53 $365.36 $5,584.90
Abdul Rauf (Tobacco Convenience Store) D 1,173 $ 31.90 $ 3,111.09 $ 37,418.70 $ 16.00 $ 1,564.00 $ 4,675.09 $327.25 $5,002.34
Top Notch Cigar & Lounge E & F 3,001 $ 43.71 $ 10,931.14 $ 131,173.71 $ 16.00 $ 4,001.33 $ 14,932.47 $1,045.27 $15,977.75
Total: 8,249 $ 36.60 $ 28,486.26 $ 341,920.77 $ 10,998.66 $ 39,484.92 $ 2,763.92 $ 42,248.86 PROPERTY MAP
FLORIDA TURNPIKE
NW 2ND AVENUE NW 27TH AVENUE AVENUE 27TH NW
STADIUM PLAZA
FLORIDA TURNPIKE SKY HIGH
NW 199TH STREET Miami-Dade County (commonly called or known by Miami, Miami-Dade,
LOCATION OVERVIEW Dade County, Dade, Metro-Dade or Greater Miami) is a city located on
the Atlantic coast in southeastern Florida and the county seat of
Miami-Dade County. Is a major city in the southeastern United States and
makes up part of the largest metropolitan area in Florida. Being part of the
South Florida region, it is 20 miles from Fort Lauderdale, 106 miles from
Naples (Florida) and 156 miles from Key West.
Although Miami is the second most populous city in Florida, the Miami
metropolitan area is the largest in the state with an estimated population
of over 5.4 million (2007), which makes it the 7th most populous metro
area in the United States.
Due to being sandwiched in by the Atlantic Ocean to the east and the
Everglades wetland area to the west, the Miami metropolitan area is a
lengthy 110 mi(180 km) north to south, but never more than 20 mi (32 km)
east to west. Miami is a major center and a leader in finance, commerce,
culture, media, entertainment, the arts, and international trade. Down-
town Miami is home to the largest concentration of international banks in
the United States, and many large national and international companies. The City of Miami Gardens was incorporated on May 13, 2003, as the
MIAMI GARDENS OVERVIEW 33rd city in Miami- Dade County. At a population of 105,457, it is the
third largest city in Miami-Dade County (after Miami and Hialeah). The
City is located in North-Central region of the county, mid-way Tenat Unit # Sq Ft $/Sq Ft Monthly Rent Annual Rent $ CAM Monhtly CAM Monthly Total Sales Tax 7% Monthly Rent between Fort Lauderdale and Miami, and is easily accessed by I-95, the Dunkin Donuts A 1,729 $ 42.00 $ 6,051.50 $ 72,618.00 $ 16.00 $ 2,305.33 $ 8,356.83 $584.97 $8,941.80 Palmetto Expressway (SR 826) and the Florida Turnpike.
T-Mobil Stores B 1,173 $ 28.00 $ 2,737.00 $ 32,844.00 $ 16.00 $ 1,564.00 $ 4,301.00 $301.07 $4,602.07 The city comprises approximately 20 square miles.
H & R Block Enterprises, Inc C 1,173 $ 37.39 $ 3,655.53 $ 43,866.36 $ 16.00 $ 1,564.00 $ 5,219.53 $365.36 $5,584.90
Abdul Rauf (Tobacco Convenience Store) D 1,173 $ 31.90 $ 3,111.09 $ 37,418.70 $ 16.00 $ 1,564.00 $ 4,675.09 $327.25 $5,002.34 Miami Gardens is home to Dolphin Stadium (used by the Miami Dolphins
and the Florida Marlins) and Calder Race Track. It has vibrant commercial Top Notch Cigar & Lounge E & F 3,001 $ 43.71 $ 10,931.14 $ 131,173.71 $ 16.00 $ 4,001.33 $ 14,932.47 $1,045.27 $15,977.75 corridors along the Palmetto Expressway (serving as the central shopping Total: 8,249 $ 36.60 $ 28,486.26 $ 341,920.77 $ 10,998.66 $ 39,484.92 $ 2,763.92 $ 42,248.86 district for the furniture trade) and along U.S. 441 (serving the automobile
trade). The city has rail access through the Florida East Coast Railway and
the South Florida Tri-Rail System.
The City of Miami Gardens welcomes the opportunity to do business with
local and small businesses especially businesses in the City of Miami
Gardens. We strive to obtain maximum competition and encourage new
sources of supply, as well as establishing new local and minority vendor
participation in the award of contracts for the City's purchases of all goods
and services. FOR PROPERTY INQUIRIES PLEASE VISIT OUR WEBSITE OR CALL JOSEPH
JOSEPH SCARFONE Licensed Real Estate Broker +1 561 945 7772 [email protected] www.oneinvestmentone.com
2048 E. Sample Rd. Lighthouse Point, FL 33064