Wells Fargo — Sale in Miramar, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Miramar, FL 33029

Investment Figures

Cap rate
4.88%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present Wells Fargo, giving the opportunity for an investor to purchase highly desirable long-term net leased bank investment. This property is located in Miramar, FL which is home to over 120K residents. This property allows an investor to secure a long-term passive investment backed by a corporate credit tenant, while gaining access to this high barrier to entry location that has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location. Miramar, FL is known for its large master-planned communities, making it the ideal suburb of Broward county for young, growing families. It is a principal city in the Miami metropolitan area boasting a population of 122,041. Investment Highlights: • Long-Term Absolute NNN Ground Lease • Extremely Dense Residential Area - 12K Within One-Mile Radius • Attractive Building and Well-Maintained Site • Outparcel to Publix Anchored Shopping Center

Market Context

This retail in Miramar, FL is listed for sale. It is offered at an approximate 4.9% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Miramar, FL — view the full market.

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